Businessowners Policy

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Businessowners Policy

An insurance policy that provides coverage in case some event causes a business to relocate or temporarily close. It also provides coverage for damage to the property owned by the business. For example, if an office floods and becomes unusable, a businessowners policy will replace the profits the company would have made during the time the company was closed and also will pay to repair the damage from the flood.
References in periodicals archive ?
Business owners interested in learning more about the Business Owner's Policy can find information at insureon.
Option #3: Choose a BOP or business owner's policy.
15 /PRNewswire-FirstCall/ -- The Citizens and Hanover Insurance Companies have introduced a new, expanded Business Owner's Policy, called Avenues(TM) Business Owner's Policy, or Avenues BOP, for short.
Avenues Business Owner's Policy is now available to businesses with sales and total property values of up to $15 million per location and square footage of up to 50,000 per location.
The company is currently rolling out Professional Liability, Business Owner's Policy, and Worker's Compensation insurance nationwide, using only nationally rated carriers.
The company today announced that its Business Owner's Policy (BOP) can now be purchased quicker than ever on eWausau's newly enhanced web site by guiding the purchaser through a simple online insurance quoting process.
ePolicy is currently rolling out Professional Liability, Business Owner's Policy, and Worker's Compensation insurance nationwide using only nationally rated carriers.
NYSE: REL) announced today that it plans to offer a Business Owner's Policy (BOP) online in the first quarter of 2000.
Four commercial lines will be available on the site in the first quarter of 2000 - Commercial Auto, Business Owner's Policy (BOP), Group Term and Group Medical.

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