Business Owners Policy (BOP)
What is it?
Frontier Risk's Business Owners Policy (BOP) is a comprehensive bundle of general liability, and property insurance to protect your small and mid-sized cannabis businesses from potential risks.
Why is it important?
Frontier Risk's Business Owners Policy cannabis insurance offers holistic protection for your cannabis business property against all covered damages, covering bodily injury, property damage, and advertising injury claims, thereby providing financial protection against lawsuits and legal expenses. Additionally, it reimburses lost income and operating expenses during downtime caused by covered property damage or liability claims.
What does it cover?
Building and Business Property Insurance
Protecting your business with coverage that will repair or replace damaged or destroyed buildings, equipment, stock, furniture or fixtures.
Business Liability Insurance
Protect your business against financial loss resulting from claims of injury to others or damage to property caused by you or your employees.
Why Frontier Risk?
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Common Questions
Small or Mid-sized cannabis dispensaries, manufacturers/processors, cultivators, and ancillary businesses should all consider purchasing the Business Owners Policy insurance. If your company has a revenue of about $5 Million or less, BOP insurance is ideal for you!
BOP insurance combines multiple coverages into one policy, offering a comprehensive coverage for property damage, liability claims, and business interruption resulting from unwanted circumstances. Small, and Mid-sized cannabis businesses must look for reliable cannabis insurers for getting tailored solutions as per their needs.
BOP cannabis insurance does not cover product liability, auto insurance, errors and omissions insurance, or workers’ compensation insurance. It’s essential to discuss with your insurance provider about your Business Owners Policy limits, and what it covers.