Lease Enhancement Insurance

Lease enhancement insurance covers exposure to the Lender and Landlord/Borrower from the loss of building if the lease:

•    Permits the Tenant to terminate Lease or abate rent; or

•    Permits multiple parties to share insurance proceeds or condemnation award.

It ensures the revenue stream from the lease continues by paying:

•    the base rent for the remaining term of lease or

•    the outstanding loan balance at the time of the lease termination