March 2016
Intermediate to advanced
700 pages
144h 54m
English
A businessowners policy (BOP) is a package policy specifically designed for small- to medium-sized retail stores, office buildings, apartment buildings, and similar firms. There are different BOP policies on the market today. In this section, we discuss the BOP designed by the Insurance Services Office.18 The ISO form provides both property and liability insurance in one policy. The following section discusses only the property insurance coverages; the liability insurance coverages are discussed in the following chapter.19
A BOP can be written to cover buildings and/or business personal property of the owners of apartments and residential condominium associations; office and office condominium ...
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