definition of insurance endorsement

Insurance Endorsement

Insurance Endorsement   An insurance endorsement, also known as a rider, is a modification made to your existing insurance policy. It acts like an amendment that changes the terms of your original coverage. Here’s a breakdown of what an insurance endorsement does: Function: Adds Coverage: You can add coverage to your policy that wasn’t included initially. This could involve things like: Increased coverage limits for specific items (e.g., jewelry) Additional coverage types (e.g., rental car reimbursement) Protection against specific risks not…