Policy Amendment
/ˈpɑːlɪsi əˈmɛndmənt/
Definitions
- (n.) A formal change or addition made to an existing policy document, altering its terms or coverage.
The insurer issued a policy amendment to include coverage for cyberattacks.
Forms
- policy amendment
- policy amendments
Related terms
See also
Commentary
Policy amendments are distinct from endorsements but both modify policy terms; precision in drafting is crucial to clarify coverage changes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.