• Bodily Injury – for example, someone trips, slips, or falls at your business location and sues you for bodily injury claims. Your general liability insurance can help cover the clients medical bill and your legal expenses.
• Property Damage – for example, you or your employee broke a client's property, and the client files a lawsuit
• Advertising and Personal Injury – for example, you are sued for infringement of copyright, or you said or wrote something that damaged someone’s reputation
You need business owners policy to protect you and your clients.
A BOP protects your business location and assets and helps cover your lost income due to business disruption. The general liability portion of BOP covers your business against claims made by a third party involving bodily harm, personal injury, or property damage arising from your business operations.
Property coverage includes building (rented or owned), business personal property or contents of your building, lost income due to business interruption, and equipment breakdown.
General liability coverage protects your business against claims of bodily injury, property damage, or personal and advertising injury.
Additional coverages do not come with BOP by default but can be purchased as endorsements or separate policies to cover specific business needs such as professional liability, cyber liability, employment practices liability, and water backup and sump overflow.
Business owners policy does not cover workers compensation, health and disability insurance, and auto insurance.
A typical BOP coverage does not include cyber liability, professional liability, and employment practices liability. These coverages can be purchased separately if provided by the carier.
EPLI provides protection against many kinds of employee lawsuits, including claims of:
Sexual harassment, Discrimination, Wrongful termination, Breach of employment contract and more.