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Tag: Additional Insured

  • Additional Interest vs. Additional Insured

    Additional Interest vs. Additional Insured

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    Additional Interest vs. Additional Insured – In the world of insurance, precise terminology is paramount. Two terms that are frequently confused, yet carry drastically different legal and financial implications, are Additional Interest and Additional Insured. While both refer to a third party being added to an insurance policy whether it’s for a car, home, or…