The Business Owners Policy, known as BOP, is one of the most important policies that all small and mid-sized businesses should purchase. It is customizable depending on the type of business you own, the risks, and the budget that you have. In this article, we will explain briefly how BOP works, what it usually covers, and how business is made easy with the said policy.
How Does a Business Owners Policy Work?
The BOP or Business Owners Policy is customizable in a bundle that forms a specific or standard policy. The most common types are Business Property, General Liability, and Commercial Interruption Insurance. This is mostly applicable to mid-sized or small business owners. Here are the common requirements that you should meet for the BOP eligibility:
What Does a Business Owners Policy Cover?
The coverage of BOP depends on the insuring company, as well as the customized policy you purchased. However, there are three common coverages that small and mid-sized businesses purchase:
How My Business Is Made Easy with BOP
When applying for BOP or Business Owners Policy, you can customize your policy according to your needs and budget. This way, you can perfectly craft the insurance that will fit your small or mid-sized business best. Apart from that, the BOP also serves as one of the most surefire ways to protect your business from future financial instability.
At Mauser & Tobin Co., Inc., we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (516) 747-0171. Get your free quote today by CLICKING HERE.