An endorsement is a form that can change or add to an insurance policy. A return premium endorsement is filed if there is a change to the policy that...

Reinstatement Endorsement

  • September 8, 2022
An endorsement is a form that can change or add to an insurance policy. A reinstatement endorsement is filed to reinstate a policy that has expired without a lapse...

Audit Endorsement

  • September 7, 2022
An endorsement is a form that can change or add to an insurance policy. Audit endorsements apply to policies written based on projected values, such as, projected sales and...

Non-Admitted Carrier

  • August 11, 2022
An non-admitted carrier is not required to be licensed by the state, but is allowed to do business in that state. Sometimes, non-admitted carriers are also referred to as...

Admitted Carrier

  • August 11, 2022
An admitted carrier is an insurance company that has received a license from the state department of insurance for the authority to write specific lines of insurance. Sometimes they...

Declarations Page

  • August 10, 2022
A declaration page is the front page(s) of a policy. It specifies the named insured, address, policy period, location of premises, policy limits, and other key information that varies...

Policy

  • August 10, 2022
An insurance policy is a written contract of insurance between the insurer and the policyholder. It is typically composed of a declarations page, policy form, and endorsements or riders...

Binder

  • August 9, 2022
What is a Binder? A binder is a legal agreement issued by either an agent or an insurer to provide temporary evidence of insurance until a policy can be...