Business Interruption Insurance comes in addition to Property All Risks and/or Machinery Breakdown Insurances.
Business Interruption Insurance (BI) is sometimes also called Loss of Profit Insurance (LOP) or Loss of Income Insurance .
Coming after a claim blocking the normal use of your assets and resulting in significant financial consequences. This policy covers your company following consequence of the downturn that might often be long.
The Insurance Policy allows the company to offset the impact of lower revenue and covering the fixed charges.
At the end this insurance will also help the company to incur extraordinary costs from the consequential loss.