The Structure of an Insurance Policy--The Endorsements (Part 7 of 8) - Hallo friend Insurance WCest, In the article you read this time with the title The Structure of an Insurance Policy--The Endorsements (Part 7 of 8), we have prepared this article well for you to read and take the information in it. hopefully the contents of the post Article Insurance, which we write you can understand. okay, happy reading.

Title : The Structure of an Insurance Policy--The Endorsements (Part 7 of 8)
Link : The Structure of an Insurance Policy--The Endorsements (Part 7 of 8)

The Structure of an Insurance Policy--The Endorsements (Part 7 of 8)

; PART 7—POLICY STRUCTURE

The Endorsements

Finally, the last pieces of a policy are the Endorsements. These are the other pieces of paper your insurer sends you on a regular basis (along with your bill and the Dec Pages). Issuing endorsements is how insurance companies modify your policies. (Most of the time they do change your policy, but sometimes these endorsements are not enforceable, but that’s a whole post itself—stay tuned.) Yes, this is a bit annoying. It would be easier if they’d just send you a new policy and tell you to throw the old one away. Unfortunately, it doesn’t work that way.  Endorsements can change any part of the policy, so you should pay attention to them. They can increase or decrease the limits, modify the insuring clause to expand or reduce coverage, insert or delete an exclusion—you get the picture. Don’t hesitate to call your agent/broker to ask how the change effects you.

Such is the article The Structure of an Insurance Policy--The Endorsements (Part 7 of 8)

That's an article The Structure of an Insurance Policy--The Endorsements (Part 7 of 8) this time, hopefully can benefit for you all. okay, see you in other article posting.

You are now reading the article The Structure of an Insurance Policy--The Endorsements (Part 7 of 8) with the link address https://wcest.blogspot.com/2011/11/the-structure-of-insurance-policy.html

Tweet