Practice question
Under Section 31, how is materiality determined?
- Only by whether the eventual loss had the same medical cause.
- Only by the claimant's preferred outcome.
- Only by the policy's font size.
- By probable and reasonable influence on the recipient's risk estimate or inquiries, rather than the event.
- Only by the age of the insurer.
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
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