An endorsement found in an insurance plan which modifies the provisions of the policy is called a

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Study for the Louisiana Series 103 – Life, Health, and Accident or Sickness Insurance Exam. Familiarize yourself with key concepts through engaging questions and explanations. Prepare effectively for your exam!

Multiple Choice

An endorsement found in an insurance plan which modifies the provisions of the policy is called a

Explanation:
A rider is a form attached to an insurance policy that changes the terms of coverage, usually by adding or expanding benefits or by altering certain provisions. It becomes part of the contract and modifies the policy without issuing a new policy. While endorsements are a broad term for changes to a policy, a rider specifically denotes the modification of coverage provisions, which is why it’s the best fit here.

A rider is a form attached to an insurance policy that changes the terms of coverage, usually by adding or expanding benefits or by altering certain provisions. It becomes part of the contract and modifies the policy without issuing a new policy. While endorsements are a broad term for changes to a policy, a rider specifically denotes the modification of coverage provisions, which is why it’s the best fit here.

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