Which of the following is NOT a coverage part in a commercial package policy?

In the context of a commercial package policy, a coverage part refers to the specific types of insurance that can be bundled together to provide comprehensive coverage for businesses.

While personal property may be covered under various types of policies, it is not categorized as a standalone coverage part in a commercial package policy. Instead, coverage parts typically include general liability, equipment breakdown, and inland marine.

General liability provides protection against legal claims for bodily injury, property damage, and other risks. Equipment breakdown covers the repair or replacement of damaged machinery and equipment due to various causes. Inland marine insurance is designed to cover goods and property in transit, as well as certain types of movable property.

Understanding the structure of commercial package policies is crucial, as this knowledge aids in selecting the appropriate coverage parts needed to comprehensively protect a business's assets and liabilities.