Advisory endorsement
Term · Insurance and risk management · MLC-T-INS-000347
A non-mandatory addition to an insurance policy that provides clarification, recommendations, or additional information without altering the policy's terms or conditions. These endorsements often serve to inform the policyholder about specific coverages, exclusions, or risk management practices. They do not change the contractual obligations of either party.
| Identifier | MLC-T-INS-000347 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000347",
"term": "Advisory endorsement",
"field": "Insurance and risk management",
"definition": "A non-mandatory addition to an insurance policy that provides clarification, recommendations, or additional information without altering the policy's terms or conditions. These endorsements often serve to inform the policyholder about specific coverages, exclusions, or risk management practices. They do not change the contractual obligations of either party.",
"url": "https://mlchart.com/terminology/insurance/advisory-endorsement/"
}
Record 79 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.