1) Richards owns and operates a small furniture store. In addition to Richard, the firm employs two sales representative. Richard's insurance agent advises him that the store can be insured under a business owners policy (BOP). Identify the various property loss exposures to Richard's furniture store that can be covered by business owners policy.

2) Your client is a large CPA firm that handles a lot of transactions via email. The CPA firm also has a large website that includes tax and banking information that clients and potential customers can download. The CPA firm also conducts educational webinars and is linked in with other CPAs on a social network. You discuss the need for cyber liability insurance with your client. The client wants to know why they need more liability coverage when they already have a Commercial General Liability Policy.

3) A business owners policy (BOP) contains several coverages. Explain the following: a. Coverage of buildings b. Coverage of business personal property c. Covered causes of loss d. Additional coverages provided by the BOP

4) If one of my customers has a Commercial General Liability Policy, why would she need a Professional Liability Policy? (Ref: Professional Liability)