What is the difference between a BOP (businessowners policy) and CPP (commercial package policy)?
The BOP policy is a bundled package of coverages designed for the average small- to medium-sized risk. The CPP policy is more of a cafeteria style policy where each coverage is tailored to the specific risk and needs of the business. The CPP policy is used most often in large businesses and those small- and medium-sized businesses that are more unique or with special needs.
- Is there any difference in performance when using the commercial package versus when using the evaluation package?
- What is the difference between a BOP (businessowners policy) policy and CPP (commercial package policy) policy?
- What is a Commercial General Liability Insurance Coverage And Property Package Policy (BOP)?