The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

ASSUMPTION ENDORSEMENT Definition & Legal Meaning

Definition & Citations:

When an insurance policy has something added to it to protect the holder if they are insolvent. The reinsurer must pay the holder directly. The middle man is taken out of the payment process. AKA cut through endorsement.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.