At BIG, our goal is to make insurance terminology understandable for clients so they can be confident in the coverage they have. When you purchase a business insurance policy, you may come across all sorts of industry jargon and insurance terminology that may not be so self-explanatory when you read it, which can become confusing or overwhelming. It’s time to make things clear and explain these terms so that you can better understand what they mean for you and your business. In this blog, we will explain what is a BOP (Business Owners Policy) as well as other insurance terminology including: What is a Certificate of Insurance? What is liability? What is a rider in insurance? What is a peril?

Click here to read the full article.