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What are Policy Endorsements – Are they important?


Policy Endorsements vs. Dec Page

Repetitive Workers Comp policy Endorsements are one of the 10 Red Flags To Possible Overcharges.

The Policy Dec Page (also called the Declarations Page) is an important part of any policy.  Workers Comp policies are no exception.  However,  some policies may have a more important – section- The Endorsements.   Why?

Signing Policy Endorsements Concept
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The answer is simple.  A Workers Comp policy can be altered hundreds of times in a policy period.  Actually, the most I have seen is just over 100 times in a policy period.

Endorsements are usually emailed or mailed to an employer from the insurance carrier or through their agent.  Any endorsement should be read in full upon receipt.

Many times, the information enclosed may be a minor change.   The policies can be changed dramatically in certain cases.

As discussed in an earlier post, the major parts of a policy are Declarations, Insuring Agreements, Conditions, Exclusions, and Endorsements.

One can think of the Endorsement pages as Appendices where each additional Appendix modifies the policies and even earlier Appendices/Endorsements.

Two Businessman Policy Endorsements Signing Document

Other types of policies are no different.  I have just received an auto and home combined policy endorsement.  I read both of them very closely as should you with your Workers Compensation policies.

There are very strict rules on when a Work Comp policy can be endorsed by the carrier.  Each state has its own set of Endorsement rules.

In the age of scans and emails, the Endorsement documents may be emailed to your company lumped in with all of your business emails.   Make sure that you have your spam whacker let the emails in from your agent and carrier at all times.

Someone in your office should be responsible for receiving; reading; and bringing the emailed Endorsements to the attention of management.

Endorsements do have a function of simplification.  This keeps a policy owner from having multiple changes that are internal to a policy.  In other words, without Policy Endorsements, the complete policy would have to be read and re-read every time there was a modification.

Also Read: What Is A Guaranteed Cost Program In Workers Compensation?

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James J Moore - Workers Comp Expert

Raleigh, NC, United States

About The Author...

James founded a Workers’ Compensation consulting firm, J&L Risk Management Consultants, Inc. in 1996. J&L’s mission is to reduce our clients’ Workers Compensation premiums by using time-tested techniques. J&L’s claims, premium, reserve and Experience Mod reviews have saved employers over $9.8 million in earned premiums over the last three years. J&L has saved numerous companies from bankruptcy proceedings as a result of insurance overpayments.

James has over 27 years of experience in insurance claims, audit, and underwriting, specializing in Workers’ Compensation. He has supervised, and managed the administration of Workers’ Compensation claims, and underwriting in over 45 states. His professional experience includes being the Director of Risk Management for the North Carolina School Boards Association. He created a very successful Workers’ Compensation Injury Rehabilitation Unit for school personnel.

James’s educational background, which centered on computer technology, culminated in earning a Masters of Business Administration (MBA); an Associate in Claims designation (AIC); and an Associate in Risk Management designation (ARM). He is a Chartered Financial Consultant (ChFC) and a licensed financial advisor. The NC Department of Insurance has certified him as an insurance instructor. He also possesses a Bachelors’ Degree in Actuarial Science.

LexisNexis has twice recognized his blog as one of the Top 25 Blogs on Workers’ Compensation. J&L has been listed in AM Best’s Preferred Providers Directory for Insurance Experts – Workers Compensation for over eight years. He recently won the prestigious Baucom Shine Lifetime Achievement Award for his volunteer contributions to the area of risk management and safety. James was recently named as an instructor for the prestigious Insurance Academy.

James is on the Board of Directors and Treasurer of the North Carolina Mid-State Safety Council. He has published two manuals on Workers’ Compensation and three different claims processing manuals. He has also written and has been quoted in numerous articles on reducing Workers’ Compensation costs for public and private employers. James publishes a weekly newsletter with 7,000 readers.

He currently possess press credentials and am invited to various national Workers Compensation conferences as a reporter.

James’s articles or interviews on Workers’ Compensation have appeared in the following publications or websites:

  • Risk and Insurance Management Society (RIMS)
  • Entrepreneur Magazine
  • Bloomberg Business News
  • WorkCompCentral.com
  • Claims Magazine
  • Risk & Insurance Magazine
  • Insurance Journal
  • Workers Compensation.com
  • LinkedIn, Twitter, Facebook and other social media sites
  • Various trade publications


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