Ramolak19
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A business owners policy is a type of comprehensive insurance meant especially for small enterprises. It incorporates several different types of coverage into one comprehensive package. It offers a more comprehensive coverage option and usually consists of business interruption, property, and general liability insurance.
Conversely, general liability insurance only covers companies against lawsuits from third parties alleging personal injury, property damage, or bodily harm. A business owner's policy (BOP) should include general liability insurance, but it should also include property insurance to safeguard the company's tangible assets, including buildings and equipment, and business interruption insurance to help cover lost revenue in the event that a covered event prevents the business from operating as usual for a brief period of time. The business owners policy is more appropriate and provides more coverage
Conversely, general liability insurance only covers companies against lawsuits from third parties alleging personal injury, property damage, or bodily harm. A business owner's policy (BOP) should include general liability insurance, but it should also include property insurance to safeguard the company's tangible assets, including buildings and equipment, and business interruption insurance to help cover lost revenue in the event that a covered event prevents the business from operating as usual for a brief period of time. The business owners policy is more appropriate and provides more coverage
