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Below are the reasons for a policy makers opting BOP policy:

1. A typical BOP includes: property insurance, business interruption insurance, crime insurance, vehicle coverage, liabilty insurance and flood insurance

2. Business owners can purchase a bundle of basic coverages at a premium savings compared to buying the coverages individually.

3. The ratio of small and medium sized businesses will be more when compared with large businesses. BOP is the one that is designed for small and medium sized business sectors.

4. Business interruption insurance that reimburses the business owner revenue loss up to one year when insured business is in loss.

5. Flood Insurance covers any losses that occur due to flooding. This may be preferred by different business sectors.

-- jyareeda

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