Commercial Package Policy and Commercial Property/Casualty Coverages
The package structure
The CPP wraps two or more coverage parts into one policy with common declarations, common conditions, and interline endorsements. Eligible parts include commercial property, commercial general liability, crime, inland marine, equipment breakdown, commercial auto, and farm.
Commercial property
Building, business personal property, and business income/extra expense. Causes of loss forms (basic, broad, special), coinsurance, blanket versus specific limits, agreed value, and reporting forms. Business income pays lost net income plus continuing expenses during restoration; extra expense pays costs to keep operating.
CGL
Coverage A - bodily injury and property damage (occurrence or claims-made); Coverage B - personal and advertising injury (libel, slander, false arrest, infringement in an advertisement); Coverage C - medical payments. Limits: each occurrence, general aggregate, products-completed operations aggregate, personal and advertising injury, damage to premises rented, and medical expense. Defense and supplementary payments are in addition to limits.
Exclusions that drive questions
Expected or intentional injury, contractual liability, liquor liability, autos, aircraft, watercraft, mobile equipment, damage to your product, damage to your work, impaired property, recall, and professional liability.
Worked example: A contractor's crew installs a faulty roof that leaks and ruins the owner's furniture. The CGL pays for the furniture, which is other property damaged, but not to replace the defective roof itself - that falls under your work.
Trap: the products-completed operations aggregate is separate from the general aggregate, and Coverage B is offense-based rather than occurrence-based.