Describe a business owners policy

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Reference no: EM131385196

1. Under what conditions would purchasing life insurance on a business executive provide little protection for a company? When is such life insurance helpful?

2. Describe a business owner's policy. List the advantages of this type of policy, and tell what types of insurance coverage are available with a BOP.

3. What is the purpose of a coinsurance provision and how does it work?

Reference no: EM131385196

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