What does Betterment Insurance mean? Read on to discover the definition & meaning of the term Betterment Insurance - to help you better understand the language used in insurance policies.
Betterment insurance is a type of insurance commonly carried by tenants of real property. This insurance covers losses to "betterments," or improvements that the tenant has made to the property. For example, if a business puts brand new $3,000 glass light fixtures into the building, betterment insurance could cover these.
We hope the you have a better understanding of the meaning of Betterment Insurance.