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Business Office Policy (BOP)
Simplify your business office insurance program
Business Office Polices (BOP’s) have become a very popular form of insurance for small to medium sized healthcare providers and allied facilities. Business office policies (BOP’s) combine some of the basic coverages into a single policy at a premium that is usually less than would be required to purchase these coverages separately.
Purchasing a business office policy (BOP) does not eliminate your need for additional kinds of insurance. For example, you will still need to purchase a workers compensation policy or business automobile insurance for any vehicles your company owns. And there might be other risks your entity faces, depending on the kind of office or facility you operate. It's important to note that a business office policy (BOP) does not include medical malpractice insurance (medical professional liability).
At Madison, the team that negotiates and places your business office policy (BOP) is also responsible for managing your service needs after the placement is completed. Our dedicated team approach increases the understanding of our client's needs.
Available coverages in a Business Office Policy (BOP) may include:
- Property
- General Liability
- Business Interruption
- Crime
- Auto
- Umbrella
- Additional Coverages might be available
Whether you are a large organization or a physician's office, Madison is here to help you with all your Business Office Policy (BOP) Insurance needs.
To receive Business Office Policy Insurance coverage, please Contact Us. A Madison representative will go over your options and the best ways to proceed with protecting your practice.
