Also referred to as an endorsement, a rider is an amendment to a surety bond or insurance policy used to add, update, or delete coverage.
The rider is commonly prepared or executed by the attorney-in-fact (agent) under the same authority as the original bond.
Effective 1/1/2020, the Performance Surety Company is updating bond number 12345 as follows:
From: Nancy Singleton
To: Nancy Bliss
All other terms remain the same.