2.15 Policy Change

A Policy Change is a transaction not part of the original contract (insurance or surety) that may or may not amend the original contract. When a Policy Change transaction amends the original contract, it can be referred to as an endorsement. See related definitions of 2.10 Endorsement and 2.14 Modification.

Last edited Mar 11, 2016 at 1:26 AM by natewaite, version 1