What are Additional Insureds?

What are Additional Insureds?

You've cut all of the 'red-tape', got you vendors lined up, set up your operations and processes, and now you've found the perfect location to set up your store. Everything seems to be falling into place, until you see that the rental agreement requires the landlord to be named as an Additional Insured. What does that mean? What does that cost? What can happen with another entity being additionally insured?

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