What Is Endorsement?
An endorsement (also called a "rider") is a written change to your policy that adds, removes, or alters coverage. Adding a scheduled jewelry item, increasing a liability limit, or naming a trustee are all done by endorsement. It becomes part of the contract once the insurer issues it.
Why it matters
Endorsements are how a standard policy is customized to your life without rewriting the whole contract.
Common confusion
Endorsement and rider are largely the same idea; "endorsement" is the formal contract-language term, "rider" the marketing term.
Frequently Asked Questions
Does an endorsement cost extra?
Usually yes if it adds coverage (e.g., scheduling a $10k ring); sometimes no if it merely clarifies terms.
Can I cancel an endorsement?
Yes, by another endorsement; the premium adjustment is prorated.