What do endorsements allow an insured to do regarding their policy?

Endorsements are a crucial part of insurance policies that provide flexibility and customization to meet the unique needs of the insured. When a policyholder uses an endorsement, they can add or modify coverage terms in their insurance policy. This can include introducing new types of coverage, changing limits, or adjusting specific conditions related to existing coverage.

For instance, if a policyholder wants to include coverage for a newly acquired high-value item, they would use an endorsement to add that specific coverage to their policy. This ability to tailor the policy through endorsements ensures that the insured is adequately protected against their specific risks and needs.

In contrast, options such as only removing coverage, changing the deductible, or determining the insured amount do not capture the broader functionality of endorsements. While there may be scenarios where certain endorsements can affect coverage limits or deductibles, the primary purpose of endorsements is to add or modify coverage terms.