Which of the following is not typically included in a commercial package policy?

Study for the North Carolina Property Insurance Agent Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

In the context of a commercial package policy, the Certificate of Authority is not typically included as it serves a different purpose than the coverages offered within the policy itself. The Certificate of Authority is a document that verifies that an insurance company is authorized to operate and provide coverage in a particular state, which is necessary for regulatory compliance but not a component of the actual insurance coverage.

On the other hand, property coverage, liability coverage, and business interruption coverage are key components of a commercial package policy. Property coverage protects against risks related to physical assets, liability coverage helps protect the business from claims arising from injuries or damage to third parties, and business interruption coverage safeguards against loss of income due to disruptions in operations. Therefore, these items are integral features of the commercial package policy, while the Certificate of Authority is ancillary and related to compliance rather than coverage.

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