Practice question
What is a policy of insurance under section 49?
- Every sales advertisement
- The written instrument setting forth the insurance contract
- Only the premium receipt
- Only the applicant’s identity card
- Only the insurer’s business permit
Legal references
- https://lawphil.net/statutes/repacts/ra2013/ra_10607_2013.html — Insurance Code as amended by RA 10607, sections 2–7 and 49
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