An amendment to the wording of an insurance policy that changes the policy’s original terms. An endorsement may be attached to a policy from inception, or added to the policy at a later date. An endorsement may take the form of anything from a change of address for the insurer or insured, to adding or deleting insurance coverage.


(In U.K., indorsement) The act of a person who is the holder of a negotiable instrument in signing his or her name on the back of that instrument, thereby transferring title or ownership. An endorsement may be made in favor of another individual or legal entity, resulting in a transfer of the property to that other individual or legal entity.

  1. An endorsement in blank is the writing of only the endorser’s name on the negotiable instrument without designating another person to whom the endorsement is made, and with the implied understanding that the instrument is payable to the bearer.
  2. A collection endorsement is one that restricts payment of the endorsed instrument to purposes of deposit or collection.
  3. A conditional endorsement is one that limits the time at which the instrument can be paid or further transferred or that requires the occurrence of an event before the instrument is payable.
  4. A restrictive endorsement is one that directs a specific payment of the instrument, such as for deposit or collection only, and that precludes any other transfer of it.
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