lease insurance

An agreement to indemnify a leaseholder for the loss of a favorable lease terminated by damage to the property from a peril covered by the policy.

• The amount payable is the difference between the rent and the actual rental value of the property, multiplied by the remaining term of the lease.

---

词条贡献者

译者Scott，毕业于一所旨在培养高级翻译专业人才的翻译院校，擅长翻译各种与环境诉讼相关的法律文件。