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    • Join Date: Jul 2005
    • Posts: 928

    loss payable endorsement


    could you please tell me whether it is possible to say "loss payable endorsement" (insurance term) meaning that the insurance benefit will not be paid to the insured person, but to a designated third person? Or is any other expression used?

    Thanks a lot!


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    • Join Date: Jan 2008
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    Re: loss payable endorsement

    Yes, there is such a term. You can google it and get much more information.

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