Business Owner Policy - BOP
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Definition of 'Business Owner Policy - BOP'
Insurance policies that combine protection from all major property and liability risks in one package. A Business Owner Policy or BOP is an insurance package that assembles the basic coverages required by a business owner in one bundle. It is usually sold at a premium that is less than the total cost of the individual coverages. Business Owners Policies usually target small and medium-sized businesses and typically contain business interruption insurance, which provides reimbursement for up to a year of lost revenue resulting from an insured property loss.
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Investopedia explains 'Business Owner Policy - BOP'
A typical business owner policy includes: property insurance, business interruption insurance, crime insurance, vehicle coverage, liabilty insurance and flood insurance. Depending on additional risks a business owner might face, the business owner and the insurance company can make arrangememnts on additional components to be added to the original package.
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Search results for 'Business Owner Policy (BOP)'
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http://www.investopedia.com/articles/pf/08/CGL-insurance.asp
... insured. CGL policy is often combined with property insurance policy in a
typical business owner's policy (BOP). Important Differences ...
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http://stocks.investopedia.com/stock-analysis/2010/The-Great-Oil-Spill-Of-2010-BP-CAM-HAL-RIG0504.aspx
... in the energy industry, including the operator of the rig, the rig owner and the
oil ... was, but speculation has focused on the blow out preventer (BOP), which is ...
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http://www.investopedia.com/exam-guide/finra-series-6/economic-factors/international-economic-indicators.asp
... 4.3 Monetary Policy; 4.4 Fiscal Policy; 4.5 Economic Indicators; ... 13.9 Death or
Incompetence of the Account Owner; ... have a huge impact on both business profits and ...
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