If you have a small to mid-sized business that generates less than $1 million per year, you would likely be eligible for — and benefit from — a business owners policy. Designed to keep your business operations going and avoid financial loss, the BOP is a great way to get some basic insurance coverage in place to protect your business. However, be aware that there are a number of other coverage options available to businesses that require more coverage, some of which may be added by endorsement.