New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The process of amending a policy during its term is

    known as:
    A Rectification Correct Answer Incorrect Answer
    B Cancellation Correct Answer Incorrect Answer
    C Endorsement Correct Answer Incorrect Answer
    D Construction Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    An endorsement is a written amendment to an existing insurance policy that modifies its terms, conditions, or coverage.

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