The policy taken to cover loss of income that a business suffers when its facilities are closed due to a disaster is

The policy taken to cover loss of income that a business suffers when its facilities are closed due to a disaster is called "business interruption insurance." This type of insurance is designed to help businesses recover from unexpected events, such as natural disasters, fires, or other disruptions, that cause them to temporarily close or suspend operations. Business interruption insurance can provide financial support to cover lost income, ongoing expenses, and other costs associated with the interruption of business operations. It can help businesses get back on their feet after a disaster and reduce the financial impact of such an event.