Tap Into Business Owners Policy BOP Goldmine
Key Components of a BOP
A typical BOP includes:
- Property Insurance: Covers damage to buildings and contents owned by the business, such as furniture, equipment, and inventory.
- General Liability Insurance: Protects against claims of bodily injury, property damage, and personal injury that could arise from business operations.
- Business Interruption Insurance: Provides compensation for lost income and operating expenses if a covered event disrupts business operations.
These components work together to ensure that a business can withstand unforeseen events and continue operations with minimal disruption.