What does the additional coverage for “forgery” in a BOP provide?

The additional coverage for “forgery” in a Business Owners Policy (BOP) specifically provides protection against losses due to forged signatures. This coverage is essential for businesses as it addresses the risk of financial loss resulting from fraudulent activities, particularly in transactions where a forged signature may cause harm, such as unauthorized checks, contracts, or other financial instruments.

This form of coverage ensures that if a business experiences financial theft through forgery, it can recover the associated losses up to the limit set forth in the policy. It's an important aspect of risk management for businesses, safeguarding them from potential monetary losses due to deceitful practices that may otherwise go unchecked.

The other options focus on different types of coverage or risks that do not pertain to forgery, such as property damage, counterfeit currency, or electrical repair, which are not included under the forgery coverage in BOP.