Which of the following is NOT a characteristic of Business Interruption Insurance?

Business Interruption Insurance is specifically designed to cover the financial losses that a business faces due to interruptions in its operations, typically as a result of covered perils like fire or natural disasters. The primary focus of this insurance is on income loss and the necessary expenses that help mitigate further losses during the recovery period.

Choosing the option that it pays for the cost to order new equipment and supplies as not characteristic of Business Interruption Insurance is accurate. While this coverage is essential for normal operations, Business Interruption Insurance itself primarily addresses income loss and the costs directly associated with the business's inability to operate, rather than the costs of acquiring new equipment or materials. New equipment costs are typically covered under property insurance rather than interruption coverage because they pertain to the restoration of physical assets rather than business income.

On the other hand, it is characteristic of Business Interruption Insurance to cover loss of income due to the business's closure (due to a covered peril), to pay for the cost of temporary relocation to keep the business operational, and even expenses related to advertising and marketing aimed at rebuilding the business after the interruption. Each of these aspects ties directly to keeping the business running and minimizing economic fallout from the interruption.