Endorsements - Insurance Software development

Multiple examples of Insurance Policy Endorsements

Author - Webner
4:30 am
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What is an insurance endorsement?

Insurance endorsements allow you to change standard property and casualty insurance. It is mainly used for any kind of additions, subtractions, and other updates to your coverage. It can also be used to clarify language or change administrative stuff like address, email or names, etc.

In life and health insurance, an endorsement is known as “Rider”

An endorsement may have its own deductible and limits. It can be added anytime whether the policy is issued, during the policy term, or at the time of renewal of the policy. It may affect your insurance […]

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