Commercial Package Policy (CPP)
A commercial package policy (CPP) is a customizable package policy designed for businesses. It typically combines commercial property insurance, commercial general liability insurance under a single policy. The policy also allows business to add on coverage parts or endorsements such as crime insurance, equipment breakdown. In some cases, insurers may also offer miscellaneous errors and omissions coverage. Optional coverages and policy structure vary by insurer, and many insurers offer industry-tailored CPPs for specific sectors such as technology, manufacturing, and hospitality.