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Commercial Multiple Peril Policy

Like when Magneto and Dr. Doom team up. It can only be countered by a Multiple Protection Policy, formed by getting the X-Men and the Avengers together.

Outside of comic books, the commercial multiple peril policy represents a kind of combo platter of business insurance coverage. A client combines more than one coverage ("multiple coverage," you might say) covering more than one possible hazard (or "peril," if you prefer).

There's a wide range of coverages that can be included in the policy...things like product liability, business property, and employee theft, as well as a host of very specific coverages that apply only to particular industries or potential events.
Clients can build a policy that fits their particular business by combining the types of coverage that applies to them. Also, by putting together multiple products, the customer can often get a discounted price.

Find other enlightening terms in Shmoop Finance Genius Bar(f)