These are a few terms you may read in your BOP (Business Owners Policy):

  • Property Insurance:
    One component of a BOP which covers damage to property owned by you. This coverage is further broken into 2 parts: 1) Business Personal Property (BPP) which covers office furnishings, 2) Business Income which covers loss of income due to a covered loss.

  • General Liability/GL:
    The other primary component of a BOP which provides coverage for your legal liability resulting from injuries and damage to people and/or property.

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