In insurance, an endorsement is a(n):
A. Person who assesses the value of a loss or damage.
B. Provision added to an insurance policy to modify or expand coverage.
C. Financial penalty imposed on the insured for filing a fraudulent claim.
D. Document that summarizes the terms and conditions of the insurance policy.
Answer:B
In insurance, an endorsement is a(n):
A. Person who assesses the value of a loss or damage. B. Provision added to an insurance policy to modify or expand coverage. C. Financial penalty imposed on the insured for filing a fraudulent claim. D. Document that summarizes the terms and conditions of the insurance policy.