Business Interruption Insurance protects business by compensating for loss of income in the event of close of business operations. The closure has to be due to a covered loss that has caused damage to the business premises. This insurance cannot be offered as a stand-alone policy, and a standard fire policy (property damage) need to be purchased to benefit from this insurance. Business interruption insurance will help small businesses plan and manage for a disaster that puts their business temporarily unusable due to a damage caused by fire, flood or other perils. This insurance is also called as Consequential loss of profit insurance