The world of business is a tough one to conquer, but once you do, you’ll have a firm understanding of the inner workings of one of the biggest aspects of today’s society. Today we’ll be taking a look at the business owner's policy. What do you know about it? Let’s take a look.
Three stories and 50,000 square feet
Three stories and 75,000 square feet
Six stories and 75,000 square feet
Six stories and 100,000 square feet
5 days
10 days
20 days
30 days
$500
$1,000
$750
$250
It is not available in a BOP.
It is automatically provided in a BOP.
It is an optional BOP coverage that is activated by an entry in the declarations.
It is specifically designed to cover insured objects while they are being tested.
Bodily injury and property damage liability
Personal and advertising injury liability
Medical expense
Professional liability
Restroom fixtures
Photocopy machines
Furnishings in the insured's private office
Carpets and floor tiles
Desks, filing cabinets, and other office equipment the insured uses in her business
An enclosure around the front entry to a store that the insured tenant had built when he began leasing the building
Cans of paint that are stacked near a newly constructed outer wall prior to painting the wall
Fire extinguishers located at various places on the inside walls of the building
Damages the insured causes intentionally
Liquor liability for those in the business of serving liquor
Liability assumed under an insured contract
Damage to the insured's own work
30 days
45 days
60 days
90 days
30 days
90 days
. 180 days
12 months
$5,000
$10,000
$50,000
$100,000
One year from the date of the dishonest act
One year from the end of the policy period
Three years from the date of the dishonest act
Three years from the end of the policy period
Slander and libel
Malicious prosecution
Copyright infringement
All of the above
Wait!
Here's an interesting quiz for you.