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Endorsement Method The way the beneficiary to a life insurance policy is changed. Change may be effected in the following ways: (1) The owner of the policy may return the contract to the insurer. The insurance company then ‘ endorses’ it with the name(s) of any new beneficiary or (2) the policy is not actually returned to the insurer. Instead, the policy owner requests (over the telephone) that a change be made reflecting, the fact that there are new beneficiaries. Then the insurer mails an endorsement, reflecting the change, to the policy owner. Compare with recording method. RELATED PRODUCTS
Salary AssessorReports "up to the present day" competitive wage, salary, and incentive survey data. Provides salary ranges and median/means for over 6,100 positions in 370 U.S. and Canadian metro areas.Download Product Demo 
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