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How is property covered under an unendorsed BOP form?

User Guerry
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Final answer:

Under an unendorsed BOP form, property is covered for various perils, including buildings, contents, and business income.

Step-by-step explanation:

Under an unendorsed BOP (Business Owner's Policy) form, property is typically covered for a variety of perils. A BOP is a package policy designed for small to medium-sized businesses and includes both property and liability coverage. The property coverage under a BOP form includes coverage for buildings, contents, and business income.

For example, if a fire occurs at the insured's premises and damages the building and its contents, the BOP form would cover the cost of repairs or replacement. It would also cover the loss of income that the insured experiences as a result of the fire.

However, it's important to note that the exact coverage provided will depend on the specific terms and conditions of the unendorsed BOP form, as well as any endorsements or exclusions that may apply.

User Doug Currie
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