Business Insurance
A Business-Owners-Policy (BOP) is a "homeowners" approach to packaging insurance for businesses, which, among other benefits, includes coverage for physical damage to buildings, contents or both and, in the event of a lawsuit, it provide liability protection.
A Commercial-Package-Policy (CPP) is not itself a separate policy but rather a collection of several coverage-forms packaged together. It is available for businesses with more complex risks, and for which BOP’s are unavailable. This kind of package is tailor made to fit the needs of the business.