Business Insurance for Small-Scale Businesses?
Small and home based categorized businesses might not need business insurance any more. Although, these businesses should still focus more on the property and the liability insurances because the loss might affect not only the business but the home as well.
BOP, or otherwise known as the Business Owners Policy, usually sets a criteria which sorts out companies as either in a Medium or Large scale bracket. Insurance companies have many names for various products that usually adheres to a standardized set of rules set by the International Standards Organization permitting them to become almost standardized elsewhere in the world.