Question: please provide an answer not already submitted Answer the following questions: 1. What is a package policy? 2. Explain the advantages of a commercial package
Answer the following questions: 1. What is a package policy? 2. Explain the advantages of a commercial package policy to a business firm as compared to the purchase of separate policies. 3. A businessowners policy (BOP) contains a number of coverages. Explain the following: a. Coverage of buildings b. Coverage of business personal property c. Covered causes of loss d. Additional coverages provided by the BOP 4. Define robbery, burglary, safe burglary, and theft. Answer the following questions: 1. What is a package policy? 2. Explain the advantages of a commercial package policy to a business firm as compared to the purchase of separate policies. 3. A businessowners policy (BOP) contains a number of coverages. Explain the following: a. Coverage of buildings b. Coverage of business personal property c. Covered causes of loss d. Additional coverages provided by the BOP 4. Define robbery, burglary, safe burglary, and theft
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