For Business Income, the period of restoration begins:

In the context of Business Income insurance, the period of restoration is the time it takes for the business to resume operations after a covered event causes direct damage. According to standard policies, the period of restoration typically begins after a specified waiting period following the loss.

The correct choice indicates that the period of restoration starts 72 hours after direct damage occurs. This 72-hour waiting period is significant because it allows businesses a time frame to stabilize and mitigate losses that can occur immediately after an event. Insurance policies often have this waiting period to ensure that businesses are not compensated for losses that might have been avoided or minimized through quick response measures.

While the other options suggest earlier starts—such as immediate, 24 hours, or 48 hours—these do not align with the standard definitions found in typical Business Income coverage provisions. The specified 72-hour timeframe serves to strike a balance, providing time for initial recovery efforts while still being practical for policyholders seeking to minimize business interruption. Understanding this timeframe is crucial for businesses to plan their recovery strategies effectively and manage their financial impacts after a loss.