Which of the following best describes the purpose of Business Interruption Insurance?

Business Interruption Insurance is specifically designed to protect a business's income by replacing lost revenue during periods when operations are temporarily halted due to a covered peril, such as fire or natural disaster. This type of insurance aims to help businesses maintain financial stability when unexpected events disrupt regular operations.

The focus of Business Interruption Insurance is on the income loss that arises during the claim period, rather than covering physical damages to property or providing liability coverage. Therefore, this makes it a critical insurance coverage for businesses that rely heavily on continuous operations to generate revenue.

In contrast, coverage for direct property damages is primarily addressed through Property Insurance, while liability coverage focuses on protecting businesses against claims resulting from injury or damage to third parties. Indemnity against insurance fraud is unrelated to the core purpose of insuring business income against interruptions.