Business Owners Policy (BOP)
What is it?
The Business Owners Policy (BOP) is a combination of business property and liability protection specifically designed to meet the insurance needs of small and mid-size businesses. By bundling coverages, BOP simplifies insurance management and provides cost-effective solutions.
Why is it important?
For the cannabis industry, where risks can be complex and diverse, having a tailored BOP is crucial. It's a proactive step that ensures your business is shielded against property damage, liability claims, and other industry-specific challenges. With BOP, you have a well-rounded protection plan that caters to the needs of your cannabis business.
What does it cover?
Building and Business Property Insurance
Protecting your business with coverage that will repair or replace damaged or destroyed buildings, equipment, stock, furniture or fixtures.
Business Liability Insurance
Protect your business against financial loss resulting from claims of injury to others or damage to property caused by you or your employees.