Commercial Multiple Peril


Definition of "Commercial multiple peril"

Heike Sommer-Goldschmitz real estate agent
Heike Sommer-Goldschmitz, Real Estate Agent Sellstate Realty

Same as term Commercial Package Policy (CPP): insurance policy that is commercial lines in orientation and is composed of two or more of the following coverages: commercial property, business crime, business automobile, boiler and machinery, commercial general liability (CGL), inland marine insurance, and farmowners and ranchowners insurance.

 

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