You should also put some thought into getting a business interruption insurance
. Sometimes, it is inevitable that something happens to the company premises, or an important piece of machinery that you use for business operations suddenly breaks down. In such cases, you might be forced to halt your operations until the necessary repairs or replacements are made. When you have a business interruption insurance, you can get compensation for the period when your business closed. This type of policy is invaluable since it can save you from ruin or bankruptcy. While property insurance can cover the damages on the premises and the machineries, the only way to gain back the lost revenue from halted operations is through a business interruption insurance.