What does BOP mean? Read on to discover the definition & meaning of the term BOP - to help you better understand the language used in insurance policies.
A business owner's policy is a package of different types of business insurance combined into one product. These insurance products can cover the majority of a business' insurance needs. Business owner's insurance is typically sold to small to mid size companies. Workers compensation insurance is often excluded from business owner's polciies.
We hope the you have a better understanding of the meaning of BOP.