BOP | Insurance Software development

What is a BOP (Business Owner Policy) insurance?

Author - Webner
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6:17 am
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Introduction to BOP

A business owner policy also known as BOP is an insurance policy that combines protection from all major property and liability risks in one package. A BOP is an insurance package policy that is designed for small to medium-size businesses to protect them from various losses. Business owner policies usually include the same kind and same degree of risks that are generally faced by a number of businesses.

A BOP reduces the amount of premium as it allows a business to receive multiple types of coverage at a lower rate than if the policies […]

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