Practice question
Under Section 27, can concealment entitle the injured party to rescind even if unintentional?
- No, intentional fraud is always indispensable.
- No, concealment is never relevant.
- Yes, subject to the applicable legal requirements and limits.
- Only if every premium is unpaid.
- Only if the parties have the same nationality.
Legal references
- Insurance Code as amended by RA10607, Sections26–48 and95–100: https://lawphil.net/statutes/repacts/ra2013/ra_10607_2013.html
- Heirs of Monera v. Manila Bankers Life, GR246446, January28 2026, main decision: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/1/70461
Answer this question in flashcards to review your response and continue practicing.