You can adjust your Commercial Package Policy as your business grows or changes. Whether you need to increase coverage limits, add new coverages, or modify existing ones, we can help you update your policy to ensure continuous and adequate protection.
If your business has diverse insurance needs and you find managing multiple policies challenging, a CPP might be right for you. It's particularly beneficial for businesses that require more extensive coverage than what a BOP offers.
A BOP also bundles multiple coverages, but it is designed for smaller businesses with lower risk profiles. A CPP offers more flexibility and higher coverage limits, making it suitable for larger businesses or those with more complex risks.
Yes, one of the main advantages of a CPP is its flexibility. You can customize your policy to include only the coverages that are relevant to your business, ensuring you have tailored protection without paying for unnecessary coverage.
While a Commercial Package Policy provides broad coverage, it does not cover every risk. For example, it typically does not include workers' compensation insurance, health and disability insurance, or professional liability insurance. Separate policies are needed to cover these specific areas. [...]