Acuity’s Businessowners Policy – Bis-Pak®

Acuity’s B.O.P. or business owner policy is called Bis-Pak®. It’s the easiest way to get the insurance your business needs.You can tailor the coverage to your individual business from our wide-range of optional coverages. With Bis-Pak ®you can focus on your business operations, without worrying about your insurance.


Property

You expect your business insurance to protect your building and contents in the event of a fire, windstorm, or theft. But did you know that with Bis-Pak® coverage, Acuity automatically provides business income coverage for a covered loss?  This means that we will pay some of your continuing expenses and income while your business is being repaired.

 

Liability

Another key area of protection involves lawsuits.  Whether you are sued because someone slipped on a freshly mopped floor or a product you manufactured caused injury to a child, Acuity Bis-Pak® protects you.

 

What makes us different?

Acuity automatically adds several coverages to the standard industry businessowners policy at no charge. Here are two quick examples. The total we will pay for liability applies separately to each location as well as to each project, so you get extra protection when you need it.  We also include $10,000 ordinance or law coverage, so you don’t have to worry about unexpected reconstruction expenses because of changes in local laws or rules.

 

Acuity Bis-Pak® optional coverages

  • Bis-Pak®  property enhancements is  our best value. It protects your property with a bundle of coverages at a significantly discounted price.  You get more than 30 enhanced coverages, ranging from an increased ordinance or law limit to additional coverages such as theft of money or securities. 

  • Bis-Pak ® liability enhancements helps protect your business from a wide range of loss scenarios and costs at a discounted price.  You get over a dozen enhanced coverages, from employee benefits liability insurance to an automatic waiver of subrogation for written contracts that helps you comply with contracts you may have with others.

  • Bis-Pak® full building replacement cost helps protect you by determining the cost to reconstruct your building in advance of a loss, guaranteeing you have building limits high enough for the loss.

  • Additional insured. Acuity offers an extensive portfolio of additional insured endorsements to meet the requirements of the contracts you have to sign to run your business. You can choose either specified coverage or automatic status endorsements.

  • Employment practices liability insurance(EPLI). Your life gets more complicated when you have employees. Employment law is very complex, and you have to be careful to avoid doing something wrong. EPLI insurance covers wrongful acts arising from the employment process.

  • Contractors’ E & O. Even seasoned veterans sometimes make mistakes. This important insurance pays to correct your work Enhance your protection with this valuable coverage.

  • Manufacturers’ E & O. Instead of you being liable for damage due to faulty products, we pay to correct your products and help make sure your reputation stays as spotless as it was before.

 

There are more items and coverages that set Acuity apart. For more information, contact your agent.

Get a Bis-Pak® quote

Let us focus on your Business insurance so you can focus on your business.


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Get answers from our insurance experts.
    • Being a small business owner in a local market can give you a leg up on the national stores. People like to shop local and give back to the community. And guess what? That is you! Creating your target market based on the customer demographic should be a breeze since you know your community so well.
    • In a very competitive industry, contractors are always looking for ways to stand out and have an upper hand over their competition. For some of us old timers who have been in the industry for many years, we look around and can’t believe how much things have changed! Our rulers, measuring wheels, and calculators have been set aside to make room for computer estimating software.
    • As you prepare to complete and post your OSHA 300A, providing a summary of work-related injuries and illnesses, it’s a good time to think about the new OSHA requirements and how they will affect you. Four major updates are effective in 2017—electronic recordkeeping requirements, anti-retaliation protections, walking-working surfaces and fall protection, and beryllium exposure limit.

    • Sarah B.

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    • Cathy B.
      Loss Control Specialist

    RESOURCES


    Other things you might be interested in.

    Brochures

    Acuity has a number of brochures that explain our policies, coverage options, and services in additional detail.

    Loss control

    Acuity offers an extensive library of loss control resources to help keep your employees and company operating safely

    Glossary

    Does insurance lingo sometimes leave you guessing? Check out our glossary!


    FAQs


    Have questions? We have answers.


    Sometimes you are asked to provide additional insured coverage to a business because of an agreement you have with them. They are asking for this because it gives them additional rights.


    Special endorsements or policies are required to provide coverage for any professional liability lawsuits you may face.


    Equipment breakdown coverage protects refrigeration, air conditioning, electrical, communication, computer, and other systems due to electrical or mechanical breakdown.


    Yes. Bis-Pak® automatically insures computers for the additional electrical and mechanical breakdown exposures they face wherever they are located.