Which statement about the Business Owners Policy is FALSE?

The statement regarding the inclusion of workers' compensation coverage in a Business Owners Policy (BOP) is not accurate. A BOP is designed primarily to combine property insurance, liability coverage, and business income interruption protection into one package for small to medium-sized businesses. However, workers' compensation is generally a separate insurance policy and is not included in the typical BOP.

The other aspects of a BOP are correctly represented in the remaining statements. A BOP indeed covers business personal property, but specifically within the premises of the insured location or at temporarily off-site locations, not within a vehicle. Moreover, it does bundle property, liability, and income protection effectively to simplify coverage for business owners. Additionally, BOPs typically provide open-peril coverage, which means they cover risks unless specifically excluded, granting comprehensive protection to businesses.