Business Owners Policy
A business owners policy, or BOP, includes all of the benefits of commercial general liability coverage and adds coverage for tangible and intangible business assets. This insurance is designed to be customized to the particular needs you have as a doctor. Examples of the types of insurance coverage you can select with a BOP include:
- Buildings and Contents
- Business Income and Extra Expense
- Electronic Data
- Newly Acquired or Constructed Buildings
- Employee Dishonesty Coverage
Business auto insurance protects you and your employees in the event there is an auto accident related to your doctor business. If you drive to a medical conference for example, and are involved in an auto accident, your business auto insurance coverage will pay for the related bodily injuries and property damages accordingly.
Doctors employ other people when they run their own independent offices. By law, employers must carry workers comp insurance on all employees. This coverage pays for the employee’s medical bills and related expenses if they are injured on the job.