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CHAPTER 10: Business Owner Policy (BOP) - Mike …

CHAPTER 8: Business Owner Policy Let s businessowners Policy (BOP) provides a broad package of coverages for small and medium-sized apartment buildings, offices, and retail stores. Each Policy includes mandatory property and liability coverages, and offers optional coverages. Many standard conditions and exclusions apply. A BOP is a self-contained, complete package forms are modeled after the coverage components of the commercial package Policy program, and have similar exclusions and coverages A, B, and C of the CGL Policy . The same wording, organization of coverages, and design follow the CPP.

CHAPTER 8: BUSINESS OWNER POLICY Let’s Begin… Introduction A businessowners policy (BOP) provides a broad package of coverages for small and medium-

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