What is the difference between “Additional Insured” and “Additional Interest”?

What is the difference between “Additional Insured” and “Additional Interest”?

Some insurance companies will offer to add the Property Manager as an additional interest, which is not the same as an additional insured.

Additional interest essentially means they will notify the Property Manager of policy renewals, cancellations, or changes in coverage.

‘Additional Insured’ is someone who receives coverage similar to the named insured and can receive liability coverage.
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