Classification of Commercial
Lines of Insurance
Commercial Line Product
Property
• Commercial Property Building and Personal Property
(BPP)
Fire and Natural Forces
Other Damage to Property
• Business Income Business Income and Extra
Expense
Consequential Loss
Insurance
Liability General Liability
Motor Vehicle Business Auto
Land Vehicles
Motor vehicle liability
Marine, Aviation, and Various policies provide
Transportation (MAT) coverage for vessels, aircraft,
and railroads
Pecuniary Loss Credit policies
Miscellaneous Financial Loss
(Fidelity, Crime, Surety)
Occupational Injury and Workers Compensation and
Disease Employers Liability
Accident & Sickness
© 2012 American Institute For Chartered Property Casualty Underwriters – All Rights Reserved
Loss Exposures Addressed U.S./Outside U.S.
Fire, explosion, windstorm, U.S.
and other natural and
miscellaneous perils
Fire, explosion, storm, and Outside U.S.
other natural perils
Perils other than natural perils Outside U.S.
except to property in transport
Loss of business income and U.S.
extra expenses incurred during
repair of property damaged by
a covered peril
Business interruption Outside U.S.
Typically covers an U.S.—Commercial General
organization’s liability except Liability
for motor vehicle, aircraft, and Public Liability (Outside U.S.)
specific exclusions
Covers property and/or liability U.S.
for an organization’s autos
Covers damage to an Outside U.S.
organization’s land vehicles
Covers liability for use of Outside U.S.
motor vehicles on land
Policies may cover property U.S./Outside U.S.
damage/and or liability Large policies may be
underwritten by P&I clubs or
specialty international insurers
Insolvency, export credit, U.S./Outside U.S.
mortgages
Employee dishonesty, surety U.S./Outside U.S.
bonds, other forms of financial
loss
Employee injuries and U.S.
occupational diseases
Employee injuries and Outside U.S.
occupational diseases