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  • Organization: Public
  • Updated: 09/06/2016
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Overview

The Insurance clause in a commercial lease sets out the respective obligations of the parties as to the type and, in some cases, amounts of insurance that they will each carry. It also addresses the issue of subrogation.

The Tenant Insurance clause in a commercial lease stipulates that the Tenant must obtain general liability, business interruption, all-risk property, and workers' compensation insurance.

Most clauses require specific liability coverage amounts. Some variants specify the exact quality and form of insurance.