What is meant by insurance in business?

What Is Business Insurance? Business insurance coverage protects businesses from losses due to events that may occur during the normal course of business. There are many types of insurance for businesses including coverage for property damage, legal liability and employee-related risks.

What does BPP stand for in insurance?

This type of business insurance, also known as commercial property insurance or business personal property insurance (BPP), helps protect the owned or rented equipment, building and personal property at your company. This coverage can help cover the costs to repair or replace: Personal property located at your business.

What is BPP premium?

Business personal property (BPP) insurance provides coverage for items that your business uses, rents or owns within your building — but not the building itself. BPP insurance can help cover the cost of repairs or replacement of damaged items, up to the limits of your policy.

Whats included in BPP?

A BPP test may include a non-stress test with electronic fetal heart monitoring and a fetal ultrasound. The BPP measures your baby's heart rate, muscle tone, movement, breathing, and the amount of amniotic fluid around your baby. A BPP is commonly done in the last trimester of pregnancy.

Is stock included in BPP?

Some BPP policies can also cover your stock – inventory stored at your office or warehouse. As well as items you lease, but don't own. Just be aware that BPP covers moveable property. It doesn't protect buildings you own or lease for business purposes.

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