Skip to main content
Insurance

Cost-of-living rider

An endorsement is a change or addition to an insurance policy that modifies the coverage or terms of the original policy. One type of endorsement that may be relevant in the world of finance is the CPI endorsement. This endorsement automatically increases the amount of coverage by the same percentage that the Consumer Price Index (CPI) has risen since the policy was issued. Essentially, this means that the policy will keep up with inflation and provide adequate coverage over time. It's important for individuals to understand the various endorsements available and how they can impact their insurance coverage.

Related terms

Shortage

Understand the meaning and definition of Shortage in the context of stock market, trading, and investments.

MORE
Insurance

Understand the meaning and definition of Insurance in the context of stock market, trading, and investments.

MORE
Policyholder

Understand the meaning and definition of Policyholder in the context of stock market, trading, and investments.

MORE
Earned premium

Understand the meaning and definition of Earned premium in the context of stock market, trading, and investments.

MORE
Static risks

Understand the meaning and definition of Static risks in the context of stock market, trading, and investments.

MORE
Risk manager

Understand the meaning and definition of Risk manager in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91