This template creates Recovery Services Vault and Backup Policy (Daily Schedule) for Recovery Services Vault which can be used further to protect classic and ARM based Azure IaaS VMs
To create new Recovery Services Vault, please use this template: [Create Recovery Services Vault] (https://github.com/Azure/azure-quickstart-templates/tree/master/101-recovery-services-vault-create)
To create new Weekly Backup Policy, please use this template: [Create Weekly Backup Policy] (https://github.com/Azure/azure-quickstart-templates/tree/master/101-recovery-services-weekly-backup-policy-create)
For more information, Visit [Back up ARM VMs to a Recovery Services vault] (https://azure.microsoft.com/en-us/documentation/articles/backup-azure-vms-first-look-arm/)