What does Commercial Package Policy mean? Read on to discover the definition & meaning of the term Commercial Package Policy - to help you better understand the language used in insurance policies.
Commercial Package Policy
A commercial package policy (CPP) is bundled business insurance coverage for various perils, such as commercial crime, commercial property, and general liability. It offers businesses flexibility in choosing the coverage they want, and the premiums may also be lower than if they purchased each type of policy separately.
We hope the you have a better understanding of the meaning of Commercial Package Policy.