Philippine Bar review · Question

Practice question: Rescission of Insurance Contracts

Multiple Choice Easy

Practice question

Under Section 41, when may a representation be altered or withdrawn?
  1. At any time after final judgment
  2. Only after the policy expires
  3. Only after a covered loss
  4. Never before the contract
  5. Before insurance is effected, but not afterwards under that provision

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

Answer this question in flashcards to review your response and continue practicing.