remove coverage from a policy
exclude, limit, or expand coverage
increase the limits of a liability
keep up with legal trends
2006-10-19 08:33:47 · 5 answers · asked by Sara S 4 in Business & Finance ➔ Insurance
exclude, limit, or expand coverage
2006-10-19 09:19:12 · answer #1 · answered by Anonymous 7 · 1⤊ 0⤋
endorsements to policies can do all of the above. however the principal reason is exclude, limit or expand coverage. in the real insurance world you will see endorsements which expand coverage, remove coverage entirely, increase or decrease (limit) limits of liability......
2006-10-19 09:39:22 · answer #2 · answered by mike 2 · 1⤊ 0⤋
An endorsement changes a policy. It can refer to many different exposures. It can remove, limit, exclude, increase, or change something because of recent changes in the law.
2006-10-20 06:06:25 · answer #3 · answered by nurse ratchet 6 · 0⤊ 0⤋
I will third that with exclude, limit or expand coverage
2006-10-19 10:35:42 · answer #4 · answered by mamatohaley+1 4 · 0⤊ 0⤋
Are we helping you take or study for a test?
2006-10-19 10:57:56 · answer #5 · answered by Chris 5 · 0⤊ 0⤋