Business Owners Policy

Business Owners Policy

A Business Owners Policy, also known as a BOP, is a comprehensive insurance package designed to help safeguard your business against common risks and liabilities.

 

It combines various critical protections into a single policy, tailored to meet the general needs of small to medium-sized businesses.

 

By bundling essential coverages, a BOP simplifies the insurance process for your business.  This often results in cost savings compared to purchasing each coverage separately.

 
business owners policy

Insurance Solutions for Your Unique Risk

business owners policy

Coverage Options

Key Coverages
 
PROPERTY COVERAGE

Property coverage is a crucial safeguard for your business.  It covers your business’s physical assets from damage or loss due to events like fire, theft, and natural disasters.  It can also cover the building itself if you own it.

 

LIABILITY COVERAGE

Liability insurance is an important coverage option included in a BOP policy.  It helps protect your business from financial loss due to claims arising from business operations, such as bodily injury or property damage to others.

 

BUSINESS INTERUPTION COVERAGE

Also known as business income insurance, it compensates for lost income and operating expenses if your business is temporarily unable to operate because of a loss.  This could include situations where the your business premises are damaged by fire or a natural disaster.