Protected By A Utica First Office PAK BOP, Small Office Business Owners Can Focus on What Matters Most—Serving Clients
From spreadsheets to storyboards, both accounting and advertising firms have many things in common. As professional services firms, they have employees, provide expert advice to their clients, handle sensitive client data, occupy professional office space with office equipment—all of which come with risks.
Risks include—but are not limited to—possible client lawsuits because of a financial loss from an advertising error or omission, tax-related error, or employees mishandling sensitive client information. Office damage or damage to office equipment also poses risks to these businesses. A Utica First Office PAK business owner policy (BOP) can provide small office business owners the protection they need from these possible mishaps.
Small office business owners have a lot on their minds managing the many moving parts of their businesses. More than likely, their top focus is on building and growing successful businesses. Worrying about mishaps that could set the business back financially should not be a burden on their minds.
Utica First is an expert at what it does and can shoulder this burden through our Office PAK BOP.
Office PAK
Our Office PAK is the only BOP on the market to go above and beyond the standard offerings. Our standard coverage and additional coverages (no additional charge) include:
Standard Coverage
- Business property insurance
- Helps protect the physical location that the business owns or leases, as well as property such as fixtures, equipment, and inventory.
- General liability insurance
- Helps protect the business from the financial costs of property damage, bodily injury, and personal and advertising injury claims made against the business.
- Business income insurance
- Helps replace lost income if business cannot be conducted due to a covered loss like a fire.
Additional Coverage
We built in the following critical protections to our standard coverage at no additional charge:
- Employment Practices Liability (EPLI):
- Coverage up to $100,000 for claims such as employee wrongful termination, sexual harassment, or discrimination.
- Data Compromise:
- Coverage up to $25,000 for expense reimbursement due to misuse or loss of employee or company records.
- Identity Theft for Office Executives:
- Coverage up to $15,000 for fraudulent use of executive’s financial or personal records.
Commercial Umbrella Policy
For another layer of protection, our umbrella policy provides extra coverage for an unanticipated what-if that goes beyond the limits of a standard or customized policy. In today’s litigious climate, business owners need increased liability protection, and Utica First is here to make that easy for them. Our commercial umbrella policy provides flexible options to provide BOP customers with the coverage they need—the comprehensive protection of a commercial umbrella—that kicks in when standard policies reach payout limits.
Utica First can provide an umbrella policy up to $5,000,000 (in one-million-dollar increments).
Learn More
At Utica First, our policy is putting you first. We believe in the power of teamwork and the strength of our dedicated agents and agent partners. We are here to make your life easier and support your customers and overall success.
If you have small office (professional services) customers in the states of New York, New Jersey, Connecticut, Florida, Pennsylvania, Ohio, Maryland, Virginia, or Massachusetts, click here to learn more about our Office PAK BOP and umbrella policies.
