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.