Non-premium bearing Policy Change or Endorsement use:
When we want to do any specific change without charging any premium. Then it is called Non-premium bearing policy change or Endorsement.
Example: If want to update Named Insured or any minor address change or change in company or organization name.
In case of Commercial Auto insurance Named Insured or any minor address change or change in company or organization name, adding Chasis Number or change in color o the vehicle
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