What does a Commercial Package Policy (CPP) include?

A Commercial Package Policy (CPP) is specifically designed for businesses and is an essential product in the realm of commercial insurance. The correct choice highlights that a CPP includes both property and casualty insurance, which are vital for large businesses.

The property portion of the CPP typically covers physical assets such as buildings, machinery, and inventory from risks like fire, theft, or damage. The casualty aspect includes liability coverages that protect the business against claims resulting from injuries or damages to third parties. This holistic approach allows businesses to customize their policies according to their specific needs, providing broader protection that aligns with the risks they face.

Other options are not suitable because they either focus on personal insurance products that do not apply to business needs or limit coverage to smaller entities. Comprehensive health insurance plans also do not fall under the standard offerings of a Commercial Package Policy, which is focused more on property and business liability rather than health coverage.