Practice question
If the warranty is broken at inception within Section 76, what effect is stated?
- It automatically creates double coverage
- The policy is prevented from attaching to the risk
- Only the insurer’s logo changes
- The insured becomes the insurer
- Every premium automatically becomes a donation
Legal references
- Insurance Code as amended by RA 10607: https://lawphil.net/statutes/repacts/ra2013/ra_10607_2013.html; Sections 73-74,76.
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