Optional Contents Coverage for Your Business
The ABMP Business Personal Property (BPP) Insurance is contents coverage for your business. This valuable option is tailored to our members’ unique insurance needs in the event of equipment loss due to a fire, flood, theft, etc.
ABMP’s BPP policy covers members’ business-related property (equipment) both on and off premises—this is an important feature because many policies do not cover property once it is taken off business premises.
We have two BPP options: (1) BPP for $10,000: $99, and (2) BPP for $30,000: $299. Both of these policies provide coverage on a blanket basis, meaning members do not have to submit an initial inventory list itemizing equipment and its value; some companies require this inventory up front. However, if members experience a loss, they’ll need to present receipts and/or photographs of the items in order to file a claim. Property is insured for replacement cost, up to the stated limit. Should a member have a covered loss, the claim will be paid based on the cost of that equipment, new, with no deduction for depreciation.
All losses are subject to a $250 deductible; theft/burglary losses are subject to a $500 deductible. Coverage is written on a broad basis with few exclusions.
To sign up for BPP at the time of joining or renewing: Select the BPP option online, or speak with our team at 800-458-2267.
To add BPP coverage during a membership: Call our team at 800-458-2267.
"I thank my lucky stars I had it." —Areigna, ABMP member
Read Areigna's BPP story in Massage & Bodywork magazine.
Note: The insurance coverage descriptions above are illustrative only. Refer to a copy of the policy for specific coverages, limitations, exclusions, terms, and conditions. The insurance information provided here is not a contract; it is a partial illustration of benefits, conditions, limitations, and exclusions. In the event that there is confusion or conflict between the policy language and any information provided, the policy language shall control.