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  2. A comprehensive guide to small business insurance: Here ... - AOL

    www.aol.com/finance/comprehensive-guide-small...

    A BOP is actually an insurance package that combines several forms of coverage together, making it a simple option for small business owners. BOPs usually include general liability, property ...

  3. Types of business insurance - AOL

    www.aol.com/finance/types-business-insurance...

    Business insurance can protect small businesses, but there are many different types to explore. ... Professional liability insurance. Pays legal fees and settlements (up to your policy limits) if ...

  4. Professional liability insurance - Wikipedia

    en.wikipedia.org/wiki/Professional_liability...

    Professional liability insurance. Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance which helps protect professional advising, consulting, and service-providing individuals and companies from bearing the full ...

  5. How to Tell If You Need Professional Liability Insurance - AOL

    www.aol.com/tell-professional-liability...

    Professional liability insurance can help cover you and your business when a professional service mistake is made with a customer or client. Professional liability insurance is a different type of ...

  6. Liability insurance - Wikipedia

    en.wikipedia.org/wiki/Liability_insurance

    Many small businesses do not secure general or professional liability insurance due to the high cost of premiums. However, in the event of a claim, out-of-pocket costs for a legal defence or settlement can far exceed premium costs. In some cases, the costs of a claim could be enough to shut down a small business.

  7. Business owner's policy - Wikipedia

    en.wikipedia.org/wiki/Business_owner's_policy

    A business owner's policy (also businessowner's policy, business owners policy or BOP) is a special type of commercial insurance designed for small and medium-sized businesses. [ 1] BOPs are cost-effective and convenient for business owners, as they provide comprehensive protection against common risks like property damage, lawsuits, and income ...

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