3. a signature or instructions placed on the back of a check or other document, as for the purpose of assigning one's interest therein to another. 4. a clause under which the stated coverage of an insurance policy may be altered. [1540–50; compare Anglo-French endorsement] Random Hou...
The meaning of ENDORSEMENT is the act or process of endorsing. How to use endorsement in a sentence.
n. 1) the act of the owner or payee signing his/her name to the back of a check, bill of exchange, or other negotiable instrument so as to make it payable to another or cashable by any person. An endorsement may be made after a specific direction ("pay to Dolly Madison" or "for...
Definition & Examples of Insurance EndorsementsBy Marianne Bonner Updated on July 19, 2020 Photo: skynesher / Getty Images An insurance endorsement is an amendment to a property and casualty insurance policy. It can add, remove, or change the policy's coverage. Learn more about insurance ...
That is an expansive definition, and intentionally so. The FTC is aware that less-than-ethical marketers will exploit endorsements otherwise. To quote the regulations directly: “For purposes of this part, an endorsement means any advertising message (including verbal statements, demonstrations, or de...
Top Definition for Additional Insured Endorsements Additional Insured Endorsements Each Party to this Agreement shall cause the Commercial General Liability insurance or self-insurance program required by this Agreement to be endorsed to name the other Party as an additional insured. See All Additional In...
Blanket Crime Policy Aninsurance policythat providescoveragefor allfinancialcrimes that result inlossesto a business. For example, a blanket crime policy coversemployeetheft, lostdeposits, acceptance ofcounterfeitmoneyand so forth. Blanket crime policies have become less common with the increase in popula...
Aninsurance policyor supplemental providingcoverageto a motorist and/or his family in the event of a car accident with another driver who does not have sufficientcar insuranceto cover the motorist's repairs and/or medical bills. Underinsured motorist insurance only provides coverage if thepolicyholder...