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Insurance companies often times combine coverages and sell them as one policy or a package policy. One good thing about package plans is that they give a wider coverage especially for small enterprises at a typically lesser price than when each of these coverage is sold separately. The most famous kind of package policy is the Businessowner Policy or BOP. Insurance companies have their own labels for the plans they sell and coverage may also be different from each other.These plans are usually developed for enterprises that encounter more or less the same type and gravity of risk. There are package policies specially made for accountants, undertakers, bars , restaurants and many other businesses.