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Business Owner Policy

The Business Owners' Property Form covers Preservation of Property for how long after it is first moved? 30 days
A Business Owner's Policy is A self-contained complete package policy
Property coverage may be written on which of the following coverage forms on a Business Owners Policy? Standard or Special
Who is responsible for paying the policy premium under a Business Owner's Policy? The First Named Insured
Under the additional coverages of a Business Owners Policy, property removed to protect it from loss will be covered at another location for 30 days
The BOP liability coverage section excludes Work related injuries; Alcoholic beverage business; Most pollution losses
The standard BOP covers certain causes of loss. Example: Aircraft or Vehicle Damage; Sinkhole Collapse; Sprinkler Leakage
If no other insurance applies, the following items are covered under the building coverage portion of the BOP Additions under construction; Alterations and repairs to the building or structure; Materials within 100 feet of the premise used for additions, alterations, or repairs
Which of the following are Optional Coverages available under the BOP Employee Dishonesty; Mechanical Breakdown; Money and Securities
The Right to Examine Books and Records condition found in the BOP allows the insurer to audit the insured during the policy period and up to 3 years afterward
Professional Liability is NOT covered under the Liability form of the BOP
Created by: BGeisert
Popular Insurance sets




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