Endorsement
A written amendment to your insurance policy that changes its terms or coverage. Endorsements can add, remove, or modify coverage. In property and auto insurance the term endorsement is used instead of rider, but the concept is the same.
Real-World Example
An endorsement was added to the homeowners policy to cover expensive jewelry that exceeded the standard personal property limit.
Related Terms
Disclaimer: This glossary entry is for informational purposes only and does not constitute financial or insurance advice. Consult with a licensed insurance professional for personalized guidance. GuardianChoices may earn affiliate commissions from links on this site — see our advertiser disclosure.
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