Business owners' Policy

Of course, a business Owner’s Policy combines great standard benefits of an aleatory insurance contract for a very minimum premium.

·        Included here are business property and business liability coverages in an easy to manage package deal.

·        Your small to medium business will be protected against theft, VMM, Fire, and other basic perils.

·        Also insured are inventory, fixtures, furniture, buildings, equipment, and more whether owned or leased.

·        Loss of business income is endorsable simply by checking a box, typically at no cost to the policy holder. If a catastrophic event disrupts your business income, most policies will cover rent or other continuing costs.

·        Also endorsable is data breach coverage, which includes prevention costs, recompensation if a breach occurs, as well as defense coverage if a small business is sued because of a breach.

·        EPLI (employer practices) is not included in CA, but is endorsable, limits typically are $10000. Some policies offer a team to swoop in after a catastrophe to help keep a business afloat.

Restaurant insurance: (need Acords 125,126,131,140)

• $1M/$2M or $2M/$4M
• Damages to your rented premises $300K
• Medical Expenses $5K
• Completed Operations Coverage
• Personal and Ad Injury
• Liquor liability $1M
• TIV up to $20M
• Loss of Income for 12 months with EE (BOP only, not CPP)