Under the provisions of the business income coverage form, all of the following are true EXCEPT?

In the context of the business income coverage form, the statement regarding reimbursement for the loss from the date of loss to the date of restoration or policy expiration date is incorrect. This coverage typically operates within specific limits, notably focusing on the period of restoration, which is defined as the time it takes to return to the condition that existed prior to the loss, rather than extending to the policy expiration date.

The other statements reinforce standard practices and obligations within this type of coverage. For example, the expectation that the insured will work to resume operations promptly is fundamental in minimizing losses and aligns with the intent of the coverage to reduce downtime. Continuous payroll reimbursement also highlights the policy's purpose to support ongoing operational expenses, even when income may be temporarily halted due to a covered loss. Lastly, the appraisal provision reflects a standard mechanism in insurance contracts that allows both parties to seek an impartial determination of the value of the loss should a disagreement arise.

Therefore, the nuances of the coverage lead to the conclusion that the reimbursement period does not extend beyond the restoration timeline, making this the statement that does not align with how the business income coverage form typically operates.