COMMON POLICY DECLARATIONS

Although we’ll discuss the individual coverage parts of the CPP in subsequent article, in this article we’ll review the two general forms that are a part of every CPP and are also included in any monoline policy issued using CPP forms: the common policy declarations and the common policy conditions.

The common policy declarations contains information about who is insured, when he is insured, and for what lines. It includes:

■the name and mailing address of the named insured;

■the policy period, including the time and date coverage begins and ends;

a description of the covered business;■

the coverage parts purchased and their premiums; and■

a list of forms applicable to all coverage parts.■