Is a BOP the same as commercial package policy (CPP)?

No, a CPP offers more flexibility and can include a wider range of coverages, suitable for larger businesses with more complex needs.

A BOP and a Commercial Package Policy (CPP) are similar, but a CPP offers more flexibility in customizing coverages, making it suitable for larger or more complex businesses.

A midsize business chooses a CPP instead of a BOP for greater flexibility, adding customized coverage for industry-specific risks.

For businesses with evolving risks, review and update your BOP regularly to ensure it continues to meet your coverage needs.