What is one major benefit of having endorsements on an insurance policy?

One major benefit of having endorsements on an insurance policy is that they add, remove, or alter coverage terms. Endorsements are modifications to the original policy that allow policyholders to customize their coverage according to their specific needs. For instance, a homeowner might want to add coverage for specific types of damage that are not included in the standard policy or remove certain exclusions that may not be relevant to their situation. This flexibility enables policyholders to tailor their insurance to better fit their unique circumstances, thus enhancing their protection and potentially filling gaps in coverage that could lead to financial loss. By adjusting the terms of insurance through endorsements, individuals can ensure they have the right level of protection in place.