Business Office Package Policy

A Business Office Package (BOP) policy, also known as a Commercial Package Policy (CPP), bundles multiple insurance coverages into one policy, often including liability, property, and business interruption, offering comprehensive protection for businesses. These policies are meant for small to medium-sized businesses and our market access allows us to provide multiple options for your practice.


Our business office package offerings

We start with the basics and perform an audit of your needs, then propose adding or subtracting coverage options based on your needs and your budget. We deliver proposals for business office packages to cover a wide range of healthcare providers, including medical practices, clinics, and facilities. For a small business, a business office package policy protects your business from liability claims and lawsuits while safeguarding your business equipment and inventory as well as covering business interruption so you are covered if your business unexpectedly shuts down from a covered loss.

What does business office package cover?

A Business Office Package (BOP) policy, provides basic coverage such as:

  • General Liability: Protects against claims of bodily injury or property damage that occur on your premises or due to your business operations. 
  • Commercial Property: Covers damage to your building, equipment, and other property. 
  • Business Interruption: Provides financial coverage for lost income if your business is forced to shut down due to a covered event (e.g., fire, natural disaster). 
Business Office Package

Additional coverage options include:

  • Tenants Improvements and Betterments
  • High value medical equipment
  • Spoilage of perishable medicine/supplies
  • Personal effects of others
  • Property In Transit
  • Claims Expense
  • Personal Effects of others

 

  • Business Income
  • Computer/EDP
  • Off-Premises Service Failure
  • Identity Recovery Coverage
  • Hired & Non-Owned Auto 
  • Employee Benefits Liability
  • Umbrella

How much is business office package insurance?

Premiums will change based on the level of insurance limits purchased and the coverage options selected. Other factors include but are not limited to: the location of your practice, the type of practice, number of employees, value of your equipment, features of your building and your claims history.