Coverage change and endorsement

Step by step

1. Inspect current cover Insurance Coordinator

   Insurance Coordinator reads the policy and its dated coverage lines.

   • Read existing terms
   • Updates Policies, Policy coverages

2. Prepare revised line Insurance Coordinator

   Insurance Coordinator records the new line revision, effective window, limit, deductible and exclusion.

   • Record dated revision
   • Updates Policy coverages

3. Review change Authorized Underwriter

   Authorized Underwriter checks the change reason and revised terms before approval.

   • Check reason and terms
   • Updates Policy endorsements, Policy coverages
   ApprovalA person approves before the work moves on.

4. Retain carrier receipt Insurance Coordinator

   Insurance Coordinator records the endorsement effective date and carrier receipt.

   • Preserve carrier response
   • Updates Policy endorsements

5. Check claim boundary Claims Examiner

   Claims Examiner compares any loss date with the old and new coverage windows.

   • Use terms at loss date
   • Updates Claims, Policy coverages

Insurance Coordinator

Prepares the change.

Authorized Underwriter

Reviews it.

Claims Examiner

Uses the effective terms during claim assessment.