What does Package Policy mean? Read on to discover the definition & meaning of the term Package Policy - to help you better understand the language used in insurance policies.
A package policy is an insurance product that includes coverage for more than one type of insurance. For example, liability and property insurance may both be included as a part of a package policy. It is common for businesses that are looking to buy commercial insurance to buy commercial package policies.
We hope the you have a better understanding of the meaning of Package Policy.