So far, the coverage limits for each element of a BOP differ:
In first place, a general liability insurance limit is categorized in either per occurrence or per year limits. A per occurrence limit is the maximum amount paid out per covered event. A per year limit is the maximum amount paid out annually.
Similarly, a commercial property insurance limit depends on your company-owned properties’ value.
Lastly, a business income insurance limit is calculated by adding net profit and any fixed expenses incurred.