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Monthly archive

December 2006

Business Owner's Policy - BOP

December 18, 2006 by Alexander Gordon

Business Owner's Policy (BOP) refers to the insurance package, which is a combination of both property insurance and liability insurance. The reasonable price tag makes this option more attractive for the small businesses instead of buying separate policies for property insurance and liability insurance. Business owner's policy is not suitable for the large businesses because they do not fulfill the eligibility criteria for this policy. Insurance companies feel that large business involve greater amount of risk so they do not consider them for BOP.Eligibility Criteria:

Getting A Car Insurance In The Philippines

December 11, 2006 by Mike Go

While I do agree that if we can afford it, we should get insured in preparation for incase something 'bad' or 'unexpexted' occurs. However, not all things are worth getting insured for.Take for example car insurance. Its an absolute must to get a car insurance when buying a brand new car or a luxury vehicle in case of theft or serious damage.But if you're getting a second hand car worth less than 300k pesos I dont think that paying for that unit's insurance is worth it.

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