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This document provides an amendment to the Certificate Form Nos. MTWPMACERT (1/99) detailing the schedule of benefits, including individual and family deductibles, out-of-pocket maximums, and percentages
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What is OPTIONAL ENDORSEMENT?
An optional endorsement is an additional agreement or amendment to an existing insurance policy that adds specific coverage or benefits not included in the standard policy.
Who is required to file OPTIONAL ENDORSEMENT?
Typically, the policyholder who wishes to add additional coverage or modify their current insurance benefits is required to file an optional endorsement.
How to fill out OPTIONAL ENDORSEMENT?
To fill out an optional endorsement, the policyholder must complete the endorsement form by providing necessary details such as policy number, specific coverage to be added, effective date, and signatures if required.
What is the purpose of OPTIONAL ENDORSEMENT?
The purpose of an optional endorsement is to allow policyholders to customize their insurance coverage to better meet their unique needs and circumstances by including additional benefits.
What information must be reported on OPTIONAL ENDORSEMENT?
Information that must be reported on an optional endorsement typically includes the policyholder's details, policy number, the type of endorsement, coverage limits, effective dates of coverage, and any additional terms or conditions.
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