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What is Insurance Contract Validity Cases about?

Perez v CA (2000) involved an insurance policy where Primitivo Perez had existing life insurance and applied for additional coverage of P50,000. He died before the application was approved. The Court of Appeals ruled there was no contract since Perez was already dead when the policy was issued. The Supreme Court affirmed, finding the conditions for the policy to take effect, such as delivery while in good health, were not met since Perez had died. Fortunata Lucero Viuda de Sindayen vs. The Insular Life As

Author

Cy Dacer

Language

EN