Business Owners Package (BOP)
A Business Owners Package (BOP) policy features many of the insurance coverages needed by a small business. Though policies are not standard, there are common elements among businesses. BOPs commonly offer business property for building and contents, and liability insurance for the operation of a business. Some policies also offer business income and expense protection. BOP policies do not contain all of the coverages a business needs, including workers’ compensation, professional liability and business vehicle coverage.