Question

A rider added to a policy to provide additional benefits for certain conditions is called...

a) Exclusion rider
b) Endorsement
c) Coverage extension
d) Excess clause

Answer 1

The correct answer is endorsement. An endorsement is added to an insurance policy to provide additional benefits for certain conditions.

Step-by-step explanation:

The correct answer is b) Endorsement.

An endorsement is added to an insurance policy to provide additional benefits for certain conditions. It can expand the coverage, modify the terms and conditions, or add exclusions to the policy.

For example, if a person wants coverage for a specific medical condition that is not included in their original policy, they can request an endorsement to add that coverage.