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OMG, what’s an Endorsement?

April 13, 2018

Reading Time: 1 minute

We know ‘endorsement’ is a big word. If you’ve got insurance, the term might not be foreign to you. You could have heard it or read something about it, but do you know what it means?

Sit back, relax and press play! Here is a video with Palesa Magxidolo, a friendly dotsure.co.za consultant, explaining endorsements in plain English.

 

Oops. #Dataprobs?  If you’ve run out of data or you’ve got a bad connection and you can’t watch the video, don’t worry, we’ve got your back.

Here’s that video in words:

An endorsement is:

  1. a document
  2. that is attached to your policy and
  3. that changes your policy in some way.

Most of the time, it’s a change that you’ve asked for. e.g. you buy a brand-new car and add a driver OR buy a car accessory that needs special cover. These could affect your premiums, Ts and Cs, etc. which is why it’s essential for you to keep your details up to date.

However, not all endorsements are ones that you requested. There are some that your insurer may request. For example, drivers with poor driving records who do not meet the conditions on the policy may receive an endorsement. Eek!

Any changes that you request can happen right away!

At dotsure.co.za, updating your policy is so convenient, you can even do it in your pyjamas at home.

  • Give us a ring on 0861 dotsure (368 7873) and ask your Personal Portfolio Consultant (PPC) to make the changes,
  • or pop us a mail at u2us@dotsure.co.za with your change request.

If learning long words got you excited about protecting your property, find out how you can insure your car, household goods – even your pets and your life –  by getting a quick online quote.

Sources

  • www.dotsure.co.za

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