As the owner of a company, you are exposed to a great deal of liability. Instead of risking a huge loss, safeguard your assets with a Business Owner’s Policy, or BOP. This type of policy provides multiple insurance products combined into one, such as business interruption, property, and liability insurance. Usually sold to small and medium-size organizations, this is an easy and effortless way to protect your organization’s tangible and monetary resources.
A Commercial Property Policy can compensate for company property that is damaged, stolen, or destroyed. That property normally includes:
With an Interruption Policy, you can recoup income lost when the operation of your services is disrupted. This coverage can assist with:
The General Liability Policy involves common lawsuits that occur from standard operations. This coverage includes:
In review, a BOP is very helpful to entrepreneurs by bundling the services that will protect their enterprise.
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