Which of the following is a common type of commercial insurance?

A Business Owner's Policy (BOP) is a common type of commercial insurance designed specifically for small to medium-sized businesses. It bundles multiple insurance coverages into one package to provide comprehensive protection at a more affordable rate compared to purchasing individual policies separately. Typically, a BOP includes property insurance, liability insurance, and business interruption coverage, making it an efficient and effective option for business owners looking to safeguard their operations, assets, and financial stability.

Homeowners policies, while vital for personal insurance, are not applicable for commercial enterprises. Life insurance and health insurance serve personal and individual needs rather than commercial requirements. Therefore, the BOP stands out as the appropriate choice in this context, reflecting the specific insurance needs of businesses.