Protect your company from financial ruin caused by small accidents. If a customer is injured while in your offices, general liability will take care of the damages. Likewise if the customer’s property is damaged on the premises, general liability covers that as well.
General liability is a comprehensive insurance policy that covers most potential hazards in your business. Customers can have allergic reactions to medications you use in your eye center. They may feel as if your advertising was mis-leading or harmful in some way. They may return with complaints or problems after your treatment is completed. These and other issues are covered by general liability insurance.
Business Owners Policy (Bop)
A business owners policy, or BOP, includes the comprehensive coverage of general liability and adds several other levels of protection. Business owners insurance is specifically designed to help small businesses like yours protect themselves from the financial hardships caused by the loss of assets.
A BOP covers your physical business structures and equipment for example. If your laser eye center offices are destroyed in a fire or flood, BOP covers the cost of replacement. Your operating equipment, furniture and other important assets inside of the business structure are also covered. If they are damaged or destroyed, the cost of replacing everything completely on your own might drive you bankrupt. BOP protects you from that potential instead.
BOP also helps protect intangible business assets. The specialized computer software that you use for your eye surgery procedures or analysis for example, can be damaged from a power surge or computer virus. Electronic patient records are expensive to reconstruct or replace as well. BOP protects you from these losses among many others.