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This is the inclusion of endorsement of an insurance policy to provide coverage for risks in addition to those covered under the basic policy provisions.
The inclusion of this endorsement is fully dependent on the policyholder. It is entirely left for the assured to decide if he/she ever wants an additional coverage for properties.
It is only recommended for persons whose circumstances put them in the track of an additional coverage and who can really afford the cost of it.
The inclusion of this endorsement is fully dependent on the policyholder. It is entirely left for the assured to decide if he/she ever wants an additional coverage for properties.
It is only recommended for persons whose circumstances put them in the track of an additional coverage and who can really afford the cost of it.
Posted in: Glossary of Auto Insurance Policy (E)
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