Addition of a new building to an existing fire and specia...
Addition of a new building to an existing fire and special perils insurance would be effected through the issuance of?
a new policy
an endorsement
a specification
a rectification
Correct answer is B
The purpose of an endorsement is a policy change. Insurance companies create endorsements to offer options to insureds to add coverage or increase coverage limits, but insurers may also issue special endorsements to limit or restrict coverage. Insurance endorsements are used in property and casualty insurance.
car plying the road seeking passengers for payment of fares are classified by insurers as? ...
The policy of insurance is signed by the? ...
A life policy holder enjoy days of grace ...
A ''no claim discount'' will be granted under ...
The subject matter of insurance in the package is? ...
The part of a policy that describes the event that led to a loss is ...