Working on an account and the applicant has 2 cell phone towers on his property. Applicant indicates that the cell phone companies who own the towers and lease the space from him, provide $5M in Liability coverage.
What would be the best way to protect the applicant's monthly income derived from the cell phone tower?
CA-Cell Phone Towers
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- Insurance Journal Addict
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Re: CA-Cell Phone Towers
Maybe a "land leased to others" policy with BI/EE? Does the lease specify whehter the rent will continue be paid if the tower is damaged.