Overview
BOPs are to commercial insurance what homeowners policies are to personal insurance, offering broad coverage for small businesses’ property and liability exposures. However, they often don’t cover all needs, such as auto liability, workers compensation, professional liability, and umbrella liability. This course covers the insurance needed to address small business property and liability exposures.
Learning Objectives
- identify the types of small businesses eligible for businessowners insurance
- explain the property and liability coverages provided by a standard Insurance Services Office, Inc. (ISO), BOP
- explain the property and liability coverage provided by a standard American Association of Insurance Services (AAIS) BOP
- summarize the common conditions of ISO and AAIS BOPs
- describe the coverage available to a small business under an ISO business auto policy (BAP)
- describe the coverage available to a small business under a workers compensation and employers liability policy
- describe the coverages available to a small business under commercial umbrella and professional liability policies
Designed For
Property/casualty insurance producers; adjusters, and risk managers
International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.
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