Businessowners Policy
A policy that combines property, liability and business interruption coverages for small- to medium-sized businesses. Coverage is generally cheaper than if purchased through separate insurance policies. Also known as BOP.
"Businessowners Policy" In Context
"We work with small business owners, policy experts and elected officials nationwide to bring small business voices to the public policy table. In February, Small Business Majority released opinion polling with advocacy groups Main Street Alliance and the ..." This Insurance Word is available for Sponsorship Sponsor this Definition Today.