Endorsement or "rider" is an option, written amendment to a basic insurance policy that modifies the terms of the insurance contract. In general, an amendment will be added to protect the insured by expanding or limiting coverage somehow defined. A rider or rider may occur at the beginning of a policy or can be added halfway through
Example :. A policy of standard owners, common indications could include coverage for a home business, coverage of damage caused during natural disasters such as earthquakes, floods or storms, covering the ownership of replacement value rather than the cash value or - as we shall see in a post before -. approval could expand the coverage limits for valuables
special mention may not be available from all providers or in every state. A good insurance agent will likely inform you of any common policy options, but when it comes to a specific type of insurance with your agent, ask if there are options that would expand your coverage .
Lingo shows:
Lingo shows: - endorsement
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