LOB generally means Line Of Business which defines the type of insurance for the policy. It is the general classification of business used by several companies. In Insurance, it can be defined as Fire, Home, Flood, Personal, etc. Some of the major LOBs are:- AUTOP- Personal [...]
Introduction: Commercial business insurance protects companies and organizations. Mainly, it’s designed to protect the company, its owners, and its employees. Commercial insurance, also known as business insurance, protects your company financially against common risks such as client lawsuits, customer or employee injuries, property theft and [...]
Introduction Business insurance is a type of insurance that provides coverage to the insured business against any damage or loss due to any misshapen like natural disasters, thefts, vandalism, lawsuits, losses due to illnesses of employees’ illness, injury or death. Some unforeseen incidents may lead [...]
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 [...]
