Business
Business Owners Package (BOP)
A Business Owners Package (BOP) policy features many of the insurance coverages
needed by a small business. Though policies are not standard, there are common
elements among businesses. BOPs commonly offer business property for building
and contents, and liability insurance for the operation of a business. Some
policies also offer business income and expense protection. BOP policies do not
contain all of the coverages a business needs, including workers’ compensation,
professional liability and business vehicle coverage.