WAEC - Insurance (2016 - No. 7)
An attachment to an insurance policy that modifies the policy is?
applicable
variation list
log book
endorsement
Spiegazione
The purpose of an endorsement is a policy change. Insurance companies create endorsements to offer options to insureds to add coverage or increase coverage limits, but insurers may also issue special endorsements to limit or restrict coverage. Insurance endorsements are used in property and casualty insurance.