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brands and labels endorsement

A brands and labels endorsement is a property insurance endorsement that grants permission for the insured to remove labels from damaged goods or mark the items as "salvage," provided the goods are not damaged in the process.

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brands and labels endorsement

A brands and labels endorsement is a property insurance endorsement that grants permission for the insured to remove labels from damaged goods or mark the items as "salvage," provided the goods are not damaged in the process.

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This alleviates concern about potential injury to the insured's business reputation resulting from the sale of salvaged goods by the insurer.