Pc exam bop - Study guides, Class notes & Summaries

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P&C EXAM – BOP Questions & Answers(RATED A)
  • P&C EXAM – BOP Questions & Answers(RATED A)

  • Exam (elaborations) • 9 pages • 2024
  • BOP - Eligible Risks are limited to: - ANSWER - 35,000 square feet of space and - gross annual sales not exceeding $6,000,000 BOP - ineligibility reasons for businesses: - ANSWER - value of the company is inherently too great such as BANKS, GENERAL CONTRACTORS, or AUTO DEALERSHIPS - conditions are too variable such as caterers or businesses that only open on a SEASONAL basis - risks of injury or other losses is too high, as in MANUFACTURING - risks in covering large, publicly accessible ...
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