A commercial package policy provides both property and liability coverage. It offers you a variety of bundle options and a greater flexibility for mid to large-size businesses and high-hazard type of businesses. The commercial packaging policy covers assets that are a part of your business such as the building, contents, equipment, and computers.
CPP’s typically include:
Property Insurance: Coverage for damage to property
General Liability Insurance: Covers cost of injury at the business or from the business’ product
What Does CPP Not Cover?Directors and Officers Liability
Health and Disability
Life Insurance
Business Income Insurance: Covers lost revenues and extra expenses in the event your business shuts down or must relocate due to weather conditions or fire
Business Vehicle Insurance: Coverage for vehicles owned and or used by your business
Business Crime Insurance: Coverage in the event of theft, fraud, or dishonesty
Commercial Umbrella Liability: Expands and broadens your liability coverage
Electronic Data Processing Coverage: Coverage for costs arising from the loss or damage of electronic data processing
Equipment breakdown, Also Known As Boiler and Machinery Insurance:Covers the loss or malfunction of heating and cooling systems, telephone systems, and other equipment.
Employment Practices Liability: Covers dispute costs with fellow employees over termination, discrimination, or sexual harassment.
Inland Marine: Coverage allotted for the cost of transport and protection of goods over water and land.
Pollution Liability: Coverage for costs related to pollution, such as contamination and cleanup.
DBA: Divrisk®; Logic Risk Insurance Solutions(in CA)
154 Grand Street, New York, NY 10013
Email: team@divrisk.com
Tel: 1-855-348-7475 Fax: 1-973-215-9995