CSIS Insurance Services, Inc. Blog
Insurance companies often bundle up several insurance policies into a single package that's then offered as a single contract. For small and medium-sized businesses, the most popular is the Business Owners Policy (BOP).
This coverage combines coverage for virtually all significant you must evaluate insurance risks, with a few extra add-ons.
What is BOP?
The BOP incorporates business income insurance, also known as business interruption insurance. This policy compensates the business owner if the company cannot run after a disaster and so loses income. The coverage also covers any additional expenses incurred from renting out a temporary location if the company is forced off its property.
This business income insurance counts for online businesses if they're hacked, or there's a virus, and they're forced to shut down.
What is Covered by BOP?
BOP only covers small to medium-sized businesses, and these are expected to meet specific criteria first. Some of the significant coverages offered include:
As a small business owner, it's essential that you evaluate the kind terms of a business owner's policy to ensure that all your needs are met. Remember that disaster could strike at any moment, so it's of utmost importance that you sufficiently protect your business.
At CSIS Insurance Services, Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (888) 501-2747 or Click Here to request a free quote.
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