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Insurance Law and Contract Essentials by Honorio Bartholomew Chan is a document available to read on EtoBox.

What is Insurance Law and Contract Essentials about?

The key points from the document are: 1. The laws governing insurance in the Philippines are the Insurance Code, the Civil Code, and general principles of US law. 2. A contract of insurance is an agreement where one party undertakes to indemnify another against loss, damage, or liability from an unknown or contingent event in exchange for consideration. 3. The essential elements of an insurance contract are insurable interest, risk or contingency, and consideration. The insured must have an insurable i

Author

Honorio Bartholomew Chan

Language

EN