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    Question

    A written form attached to an insurance policy that

    alters the policy’s coverage, terms, or conditions is termed as?
    A Endorsement Correct Answer Incorrect Answer
    B Exclusion Correct Answer Incorrect Answer
    C Escrow Account Correct Answer Incorrect Answer
    D Earned Premium Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    A signature authorizing the legal transfer of a negotiable instrument between parties is an endorsement. Endorsements can be an amendment to a contract or document such as a life insurance policy or a driver's license.

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