Protect Your Small Business With BOP

Madison Mutual is now offering a BOP product! And no, we aren’t talking about pop hits; we’re talking about our new Business Owners Policy or BOP for short. This new policy is a comprehensive package of coverages designed for small businesses.

If you’re a small business owner, you may benefit from this policy. So, keep reading to find out more details on how this policy could improve your business.

1. Who needs a BOP?

This policy is ideal for tenant-occupied offices and retail businesses. Accountants, architects, realtors, insurance agents, medical billing offices, tax preparation and sales reps.

2. What is a BOP?

A BOP provides extensive coverage that is relevant to your business and is bundled for your convenience! The policy offers coverages, such as:

  • Contents Coverage
  • Liability
  • Loss of Business Income
  • Additional coverages:
    o          Accounts Receivable
    o          Valuable Papers/Records
    o          Glass Coverage
    o          Theft of Money
    o          Exterior Signs
    o          Employee Dishonesty

3. When do you need a BOP?

All businesses are not created equally! We would love to talk to you more to customize a policy specifically for your business. You’ll get the most out of this policy if you own a small business that is under $1 million in gross revenue, under 10 employees and has an office space less than 10,000 square feet.

4. Where do we offer our BOP product?

Madison Mutual is currently offering the BOP product in Illinois and Wisconsin. Your business needs to be located in one of these states to qualify for coverage.

5. Why choose a Madison Mutual BOP?  

With BOP – and as a current policyholder – you can now insure your business through Madison Mutual, keeping all your insurance with one company – making life just a little easier.

Find the perfect policy for your business!

In short, our BOP product offers multiple coverages for your business under one policy. If you already have a Home, Auto or Farmowners policy with us, why not keep all your insurance with one company: Madison Mutual?

Give your insurance agent a call today to talk more about customizing this new policy for your business.