Washington State Insurance Practice Exam 2025 – Comprehensive All-in-One Guide to Exam Success!

An endorsement in the context of an insurance policy refers to a modification or addition that alters the terms, coverages, or limits of an existing policy. It allows the policyholder to update their coverage without needing to rewrite the entire policy. This can include changes such as adding or removing coverage for certain items, changing limits or deductibles, or including additional insured parties.

Endorsements are commonly used to tailor insurance policies to better fit the specific needs of the insured, ensuring that coverage remains relevant as new risks or circumstances arise. They serve as a vital tool for both insurers and policyholders to maintain accurate and effective coverage.

The options presented relate to various aspects of insurance policies, but only the answer regarding endorsement captures the essence of alterations made to the coverage within an existing policy, distinguishing it from other concepts like issuing a new policy or providing a summary of coverage.