In the context of insurance policies, endorsements are not amendments or additions to the basic insurance policy.
- False: Endorsements in insurance refer to modifications or changes made to the original insurance policy. These modifications can include adding, deleting, or altering coverage provisions based on the insured's specific needs.
- True: If endorsements were considered amendments and additions to the basic insurance policy, it would imply that they are part of the original policy language, which is not the case. Endorsements are separate documents that modify the terms of the policy without changing the policy itself.
Therefore, the statement that endorsements are amendments and additions to the basic insurance policy is false. Endorsements are changes made to the policy to tailor coverage to the insured's requirements.
