Business Interruption insurance compensates for loss of income or profits resulting from insured perils, such as fire or natural disasters, that disrupt normal operations. It covers ongoing business expenses, including salaries, rent, utilities, and loan repayments, while operations are restored. The policy may also provide coverage for additional costs incurred to minimize the interruption. This ensures that businesses remain financially stable during downtime and can recover more quickly from unforeseen events. It is often purchased alongside Property insurance to provide complete operational protection.
