Understanding Business Owners Policies (BOPs)

Written By Kevin McKernan

  • Property Insurance - Protection for your building or office space, as well as property owned by your business, such as equipment and inventory.

  • Liability Insurance - Coverage for costs that arise if someone is injured at your business or by using your products or services.

  • Business Interruption Insurance - Also known as Business Income Insurance, this coverage replaces lost revenues in the event that your business has to shut down due to fire, wind damage, or other covered losses.

Here are some types of insurance to explore and ask about:

  • Professional liability insurance

  • Employee practices liability insurance

  • Workers’ compensation

  • Health and disability

  • Flood and sewer back-up

  • Cyber risk insurance

  • Terrorism insurance

This document is designed for general information only. The information presented in this document should not be construed to be formal legal or tax advice nor the formation of a lawyer/client relationship. 

For more information on this and other topics, please contact Kevin via any of the channels listed below:

📧 kevin@kmckernan.com  | 📞 718-317-5007

Kevin McKernan
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