Final answer:
Endorsements may broaden the coverage found in an insurance policy. Declarations provide specific information about the policy. Insuring Agreement outlines the promises made by the insurance company.
Step-by-step explanation:
Endorsements may broaden the coverage found in an insurance policy. Endorsements are changes or additions made to an insurance policy that modify its terms or extend coverage.
They can be used to add new coverage options or increase the limits of existing coverage. For example, an endorsement may be added to an auto insurance policy to include coverage for rental cars or additional drivers.
Declarations, on the other hand, provide specific information about the policyholder, insured property, and coverage limits. They do not directly broaden coverage, but rather outline the details of the policy.
The Insuring Agreement is the central part of an insurance policy that states the promises made by the insurance company to the policyholder. It outlines the covered perils, the scope of coverage, and any conditions or exclusions. While the insuring agreement defines the coverage, it does not broaden it.
Conditions are the general rules and requirements that must be met in order for coverage to apply. They do not typically broaden coverage, but rather specify the circumstances under which coverage is provided.