Practice question
Under Section 84, may an insurer contract for payments beyond regular premium to fund future premiums or increase benefits?
- No, every additional payment is forbidden
- Only a private employer may decide
- Yes
- Only if all coverage ends immediately
- The provision abolishes future premiums
Legal references
- Insurance Code as amended by RA 10607: https://lawphil.net/statutes/repacts/ra2013/ra_10607_2013.html; Sections 82,84.
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