Divided Risk Endorsement

Divided Risk Endorsement,

Divided Risk Endorsement: What is the Meaning of Divided Risk Endorsement?

It can be associated with any type of insurance policy to isolate the risk posed by a specific insurance policy (e.g., a specific project or site policy) and eliminate the possibility of double coverage ۔ . For example, this notification is often used in a contractor's employee compensation policy to exclude the salary of a contractor working on a project that is insured through an additional insurance program.

Literal Meanings of Divided Risk Endorsement

Divided:

Meanings of Divided:
  1. Divided into parts.

  2. Not united in conflict.

Sentences of Divided
  1. The deputy returned with the metal plate and cup open

  2. Divided party leadership

Risk:

Meanings of Risk:
  1. To expose someone who has been harmed, harmed or harmed.

Synonyms of Risk

put in danger, menace, venture, probability, gamble with, endanger, put in jeopardy, put on the line, threat, gamble, fear, danger, expose to danger, jeopardize, wager, hazard, prospect, possibility, bet, imperil, take a chance with, likelihood, peril, put at risk, chance

Endorsement:

Meanings of Endorsement:
  1. Someone's public approval or someone's support or support for something.

  2. A clause in an insurance policy that specifies an exclusion or change in coverage.

  3. The act of verifying a check or exchange bill.

Sentences of Endorsement
  1. The issue of complete independence was widely supported

  2. Get additional support and insurance certificates from independent contractors who manage the program on your behalf or at your convenience.

Synonyms of Endorsement

acceptance, support, seal of approval, patronage, championship, agreement, approval, backing, advocacy, recommendation