Commercial package policy
Commercial package policy combines multiple lines of business into a single policy for easy administration and as a convenience to the insured. Each commercial package policy has a single policy number. Legally, each of the component lines is defined as a coverage part instead of as a separate policy. However, each component line of business is sufficiently defined to stand independently as a policy.
In the default configuration, the commercial package policy consists of the general liability, commercial property, and inland marine lines of business.
The commercial package policy implementation contains a series of screens to create a commercial package policy containing general liability, commercial property, and inland marine lines of business. This section provides descriptions of fields that define the policy contract and contain related information in the default configuration.
This line of business contains a reference implementation that you can use to accelerate your implementation. This line of business includes reference implementations for policy transactions, policy file screens, sample rating rules, sample eligibility rules, and forms logic. The reference implementation also provides sample content.