Question

Identify the three broad categories of property covered by the Building and Personal Property Coverage form, also referred to as the BPP.

Answer 1

BPP stands for building and personal property coverage. The three broad categories within the BPP are building, your business personal property and the personal property of others. Building and personal property coverage is insurance that is held by commercial businesses that will cover any physical damage or loss that happens on a commercial property and the items inside.

Answer 2

The three broad categories of property covered by BPP (Building and Personal Property Coverage) form are the following:
-Building
-Your business personal property
-and Personal property of others.
The types of properties are Real property (example: land), and Personal property (example: all tangible property).