Package Policies

Business Owner's Policy (BOP)

A Business Owner’s Policy (BOP) combines business property and business liability insurance into one business insurance policy. BOP Insurance Policies can help safeguard your company from property damage, loss and lawsuits in the wake of unforeseen events. BOP insurance builds in many specialized coverage's your business needs; plus, it offers an array of coverage options to further tailor your policy to your specific business.

Coverage Options & Highlights:

 

·        Typical property limits up to $20 million; up to $50 million for certain industries

·        Liability limits up to $2 million per occurrence / $4 million general aggregate

·        Income replacement

·        Inland marine

·        Liability enhancements including broad named insured and blanket additional insureds

·        Privacy and data breach

·        Earthquake (in selected states)

·        Employment practices liability

·        Foreign liability including kidnap and ransom

·        Electronic data liability

·        Equipment breakdown

·        Water back-up and sump overflow

·        Crime, including forgery and alteration, money and securities, as well as employee dishonesty

·        A wide range of premium discounts based upon unique business characteristics

·        Industry-specific customization endorsements

 

Commercial Package Policy (CPP)