Philippine Bar review · Question

Practice question: Rescission of Insurance Contracts

Essay Hard

Practice question

An applicant corrects a representation expressly before insurance is effected, and the insurer accepts the corrected record. Identify Section 41’s timing rule and distinguish a proposed correction after effectivity.

Legal references

  • Insurance Code, as amended by RA 10607, Sections 26-48 and 97-100: https://lawphil.net/statutes/repacts/ra2013/ra_10607_2013.html

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