A Commercial Package Policy offers broader, customizable insurance protection for mid-sized to large or higher-risk businesses. Unlike a BOP, it allows businesses to combine multiple lines of coverage such as general liability, property, inland marine, and crime insurance under one policy. This approach provides more flexibility and higher coverage limits, tailored to industry-specific risks. It’s ideal for companies that require more comprehensive and scalable insurance solutions.

Key Features:

• Modular format includes multiple coverages in one policy.
• Higher policy limits and flexible deductibles.
• Suitable for more complex or larger businesses.
• Does not include workers comp, health, or auto coverage.
• Can be tailored to industry-specific risks.
• May include specialized coverages like equipment breakdown or inland marine.
• Potential for premium savings through bundling.

General Liability Insurance protects a business from third-party claims of bodily injury, property damage, or personal and advertising injury. It is often the foundation of a business’s risk management strategy and may be required for leases, licenses, or client contracts. This coverage pays for legal defense, settlements, and judgments if your business is found liable. It does not cover employee injuries, professional services, or damage to your own property.

Key Features:

• Covers injury and property damage to others.
• Includes product and completed operations liability.
• Pays legal defense costs even if not at fault.
• Covers personal and advertising injury.
• Often required by landlords or clients.
• Does not cover employees or professional errors.
• Limits and endorsements can be tailored to your industry.

Commercial Umbrella Insurance provides extra liability coverage beyond the limits of primary policies like general liability, commercial auto, and employers liability. It acts as a financial safety net for large or catastrophic claims that could otherwise exceed your standard policy limits. This type of policy is especially important for businesses facing high-exposure risks or operating in litigious industries. It is not a standalone policy and requires underlying policies to be in place.

Key Features:

• Adds additional limits above existing liability policies.
• Covers multiple types of underlying policies (GL, auto, EPLI, etc.).
• Helps satisfy contract or client requirements for high liability limits.
• More affordable than increasing limits on each individual policy.
• Required underlying coverage must be maintained.
• May offer global coverage with appropriate endorsements.
• Does not replace primary policies—works as excess coverage only.

Employment Practices Liability Insurance protects businesses from claims made by employees regarding employment-related issues such as discrimination, harassment, wrongful termination, and retaliation. This coverage helps pay for legal defense, settlements, and judgments whether the business is at fault or not. EPLI is increasingly important as workplace lawsuits become more frequent and costly. The policy can be extended to include claims from third parties such as vendors or customers.

Key Features:

• Covers wrongful termination, discrimination, harassment, and more.
• Pays for legal defense costs and settlements.
• Protects management decisions and HR practices.
• Optional third-party coverage for non-employee claims.
• Does not cover intentional misconduct or criminal acts.
• Often includes employee handbook or policy review services.
• Claims-made policy—must be active when the claim is made.