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Principles of Risk Management and Insurance, 13th Edition
book

Principles of Risk Management and Insurance, 13th Edition

by George E. Rejda, Michael McNamara
March 2016
Intermediate to advanced
700 pages
144h 54m
English
Pearson
Content preview from Principles of Risk Management and Insurance, 13th Edition

Building and Personal Property Coverage Form

The building and personal property (BPP) coverage form is a commercial property coverage form that is widely used to cover a direct physical damage loss to commercial buildings and business personal property.

Covered Property

The insured selects the property to be covered. Covered property can include the following:

  • Buildings

  • Named insured’s business personal property

  • Personal property of others in the care, custody, or control of the named insured

For any of these coverages to apply, the declarations page must show a limit of insurance for that category. Depending on its needs, a business firm can elect one or all three coverages.

Building

The form covers the building described in the declarations ...

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Publisher Resources

ISBN: 9780134082578