Practice question
Under Section3, is spousal consent necessary for the validity of insurance a married person takes out on his or her own life or that of his or her children?
- No
- Yes, for every such policy
- Yes, unless the marriage is less than a year old
- Only the spouse may apply
- Only a court can waive consent
Legal references
- Insurance Code as amended RA10607: https://lawphil.net/statutes/repacts/ra2013/ra_10607_2013.html Sections2(b),3 and5–9.
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