AAIS Commercial Properties Program

 Building and Personal Property Coverage Part

 Summary: The American Association of Insurance Services’ (AAIS) commercial properties program features simplified language and a modular approach. (Modular approach refers to the use of a declarations page plus one or more coverage parts, one or more perils parts, and a general provisions part to construct a policy suited to the particular insured.) The program provides coverage for direct loss to commercial property and time element coverages.

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