A statement attached to an insurance policy changing the terms of the policy. A signature on a draft or check by a payee prior to the transfer to a third party. A payee provides such an endorsement when transferring this draft to the payee'bank. A restrictive endorsement limits the use of the check to a single purpose. A special endorsement is used when the check is used to pay someone else. All that is required is to indicate the payee and sign.