In insurance, what does an endorsement modify?

An endorsement is a formal amendment to an insurance policy that modifies specific provisions. This can include adding new coverage, excluding certain coverages, or changing the terms under which the policy operates. Endorsements are used to tailor a policy to better fit the needs of the insured or to reflect changes in risk or circumstances surrounding the insured.

In contrast to other options, personal information about the policyholder is typically not the focus of an endorsement, as it generally pertains to coverage specifics rather than personal data. Similarly, while an endorsement can sometimes affect the coverage limits of a policy, that is not its primary function; the main purpose is to alter or clarify provisions related to coverage or risk. The premium might be influenced indirectly by changes made through an endorsement, but adjustments to the premium itself are not the primary aim of these documents. Thus, the correct interpretation of what an endorsement modifies is centered on the specific provisions of an insurance policy.