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rental income insurance
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rental income insurance

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Quick Summary

Rental income insurance is a type of property insurance that protects landlords against financial losses when rental income is suspended due to specified damage to their rented premises. This insurance covers losses in rent that an owner of a property, such as an apartment building, might incur if the building is destroyed. It is a form of indirect loss insurance, meaning it covers losses that are not a direct result of a peril but are indirectly caused by it.12

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2 Britannica Sources
  1. rent insurance
  2. insurance - Indirect losses

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