What is one characteristic that does not apply to Business Interruption insurance?

Business Interruption insurance is specifically designed to cover the loss of income and profits that a business would have earned had there not been an interruption, usually due to a covered loss such as fire or natural disaster. This type of insurance does not cover the costs of purchasing new equipment or supplies; rather, it focuses on compensating the business for the income it has lost during a period when it cannot operate effectively because of property damage.

The other characteristics of Business Interruption insurance highlight its role in financial protection during periods of business disruption. It is triggered by a loss under the insured's property policy, meaning that there must be a significant event covered by a property insurance policy for the business interruption coverage to come into play.

Furthermore, the payments made by Business Interruption insurance can extend beyond the policy's expiry period to cover the duration of the downtime, ensuring that the business receives the necessary support during its recovery phase. Thus, option D is the correct choice as it describes a characteristic that is not aligned with the purpose and function of Business Interruption insurance.