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Does a BOP “Loss Sustained Coverage” make sense for a CPA firm with $35,000,000 of revenues?

April 26, 2017BOP CPA firm revenues sense

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Does a BOP “Loss Sustained Coverage” make sense for a CPA firm with $35,000,000 of revenues?

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A Business Owners Policy (BOP) is usually used for smaller organizations and has several restrictions, but a comparison of policies would be necessary to determine which would be best for a large CPA firm. A suggestion would be to use the Commercial Property with Business Income insurance policy because it provides broader coverage and a menu selection of protection. This allows the coverage to be more appropriate for a particular business.