28 Dec '16, 7am

What Is Business Owners Insurance And Do You Need One?

by Anand Srinivasan, founder of LeadJoint.com Entrepreneurs routinely get solicited by insurance agents for a business owners policy (BOP). A staggering number of business owners imagine this to be some sort of hedge against a loss in your business. That is not exactly what a BOP offers. In this article, we will take a look at what a business owners’ policy (BOP) is and why you may need one. What Is BOP. Business Owners’ Policy is an insurance package scheme that covers a number of property and liability risks that business owners face under one policy. Generally, this can include losses incurred by damage to property or assets owned by the business. In addition to this, financial loss incurred due to interruptions caused by fire or other calamities, and legal liabilities due to harm caused by faulty products or services (to yourself, your customers, or others) may also be...

Full article: http://www.youngupstarts.com/2016/12/28/what-is-business-...

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