commercial insurance: Commercial Insurance: what is a BOP policy?
- 04/17/10 07:21 AM
BOP (Business Owners Package) Business Owners Package policy, commonly called a "BOP" contains many of the insurance coverages needed by most small businesses. While these policies are not standard, there is great variation from insurance company to insurance company; there are certain common elements. The basic BOP offers business property for both building and contents, and liability insurance protection for the operation of your business. This liability protection will generally include both the operation of your business, at its established location, and the liability from your products or completed operations.Some, but not all of the policies, will also offer business income (0 comments)
commercial insurance: Commercial Insurance- Does your Business need it?
- 07/29/09 02:57 PM
As a business owner, you have enough on your mind without having to worry about your insurance needs. You want to have the confidence that the business you've built is covered by a company that understands your business insurance needs. Commercial business insurance provides wide-ranging protection for businesses and their subsidiaries under a single policy. There are various types of commercial business insurance that takes care of property, liability and workers' compensation, to name a few. While property insurance covers damages to business property and products stored within the premises; liability insurance provides cover for damages to third parties; and workers' (0 comments)
Questions and answers From President and C.E.O Duane Myers of the M&C Insurance group. Sharing over 25 years of my direct experience and knowledge of insurance policies and coverages. Serving New jersey, Delaware and pennsylvania. www.MandCinsurance.com