Businessowners line screen

In businessowners, the Businessowners screen allows you to enter coverages which apply to the entire policy. This screen has the following tabs:

Included Coverages – Specify coverages that have been defined as Required or Suggested.
Additional Coverages – Add coverages that have been defined as Electable.
Exclusions & Conditions – Add exclusions or conditions.

A coverage can be configured in product model to be either Required, Suggested, or Electable. To learn more about configuring coverages, read about coverage existence in Coverages on a policy line.

When multicurrency display is enabled, you can set the currency on a coverable in the user interface. PolicyCenter then copies this coverage currency to each coverage on the coverable. The main screen for each coverable has the following multicurrency field:

Field	Description
Coverages in	Select the currency for the coverages on this coverable. By default, this value is set to the Policy Info > Preferred Currency > Coverage field. The drop-down list contains the Available Coverage Currencies defined in Product Designer on the main page of the policy line.

Included Coverages tab

The following table describes some of the key fields in the Included Coverages tab on the Businessowners screen.

Field name	Description
Small Business Type	In the default application, you must select a Small Business Type. If not selected, a validation warning appears. The value selected may affect the type coverages that are available to the insured. For example, if you select Contractor-artisan or Contractor-landscape, the Contractors Tools/Installation coverage is required and is added to the Liability Coverages.
Property Coverage
Blanket	You can select whether you would like a single blanket limit to be used for property and/or contents coverage for all buildings on the policy. For example, if you select blanket building coverage, the single blanket limit would be the sum of all building limits on the policy. PolicyCenter stores these values in the BlanketType typelist which you can view in Studio by navigating to Typelists > BlanketType.
Policywide Property Deductible	These fields apply to all buildings on the policy. If there are many buildings, there is no option to use different deductible values.
Liability Coverages
Liability	Limits – Allows the you to select packages which are in ratios of 1:2:2 or 1:3:2. PD Deductible – Specify the deductible amount. PD Deductible – Select whether the deductible applies to each claim or each occurrence.
Tenants Fire Liability	PolicyCenter provides a basic limit by default. You can add additional limits to the default application.
Premises Medical Expense	This is a suggested coverage and is selected by default. Although it is usually included, it must be excluded in certain businesses such as swimming pool equipment retail. It may be desirable to exclude in certain other businesses such as exercise studios or martial arts dojos.
Personal & Advertising Injury	This coverage is selected by default. While it is usually included, it must be excluded in certain businesses such as law and labor union offices, guard and detective agencies, and advertising agencies.

The PCF file for the Included Coverages tab is BOPScreen.pcf.

Additional Coverages on Businessowners line screen

You can select Add Coverages to add other electable coverages to the policy.

The PCF file for the Additional Coverages tab is the BOPScreen.pcf.