FIRST 20. Does the code prescribe certain format ng insurance policy?

1. Philam care case 21. Electronic Documents - can they be valid insurance policies?
2. definition of insurance contract 22. Enriquez Case
3. characteristics 23. Perez Case
4. diff with suretyship v insu contract 24. Sindayen Case
5. when perfected 25. Bago mamatay si A, his application was approved.. pero
6. current insurance law in phils namatay siya without knowledge of the approval - question:
7. what may be insured perfected ang contract?
8. whitegold case, philhealth case. 26. The insurance policy contains:_______?
9. Diff bet: surety, insurance / hmo, insurance / gambling, insurance. 27. Reason for specifying the amount of insurance
10. Hypo: wife got insurance policy for husband. Wife dies. What is 28. Reason for indicating the risks in the policy
the effect? -necessary when it is considered that the insurer's undertaking is to
indemnify the insured for loss, damage or liability caused or created
only by the risks insured against.
SECOND 29. What is a cover note?
1. What is section 48 30. Duration of a cover note?
2. Right to rescind must be exercised when? 31. What will happen pagnatapos na ung 60-day period?
3. Meaning of incontestability 32. Gloria Case
4. How long para maging incontestable ang life insurance? 33. Can a person not named as a beneficiary sa insurance claim?
5. Can the 2-yr period be shortened? 34. What do you call a contract na naga-inure sa benefit ng 3rd
6. Can the 2-yr period be extended? persons?
7. Purpose of the 2-yr period 35. Instances na pwede ka magclaim kahit di ka beneficiary?
8. A concealed his disease on the application, a policy was issued in 36. Bonifacio Bros case
his favor. After 1 yr from the issuance, A died. Questions: 37. Del Val Case
a) May the beneficiaries claim the proceeds? 38. Coquia Case
b) can the insurance company rescind the contract? 39. RCBC Case
9. Supposing A died 20 years after the date ng issuance - same 40 Guingon Case
question sa #8. 41. Requirements pag agent ang nagprocure ng insurance policy
10. Other grounds for rescission na pwede pa kahit naglapse na ung 42. Open v. Valued v. Running
2yr period 43. ^Most favorable sa insured? Why?
11. Soliman Case
12. Meaning of policy of insurance
13. Who signs #12? THIRD
14. is policy the same as the contract? 1. Section 63
15. Does delivery perfect the insurance policy? 2. What is the period allowed by law if there is no stipulation?
16. What is a rider 3. Why 10 years?
17. Inconsistencies between rider and policy - what should prevail? 4. Kailan naga accrue ang cause of action?
why? 5. Filipino Merchant Case
18. What is a clause? 6. Mayer Case
19. What are warranties? 7. Grounds for cancellation

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8. Requirements for cancellation 46. What is credit extension?
9. Renewal - may right ba ang insured to renew ung insurance? 47. Saan provided ang credit extension? (Before amendment sa
10. What is a warranty? jurisprudence lang, after amendment nasa law na siya section 79)
11. Kinds of warranties 48. What is an acknowledgment receipt?
12. Express Warranty 49. ^What if hindi nagbayad ng first premium?
13. Implied Warranty 50. May acknowledgment receipt pero walang actual payment -
14. Affirmative Warranty question: can the insurer demand for the payment ng premium
15. Promissory Warranty notwithstanding na may AR na conclusive evidence ng payment?
16. Warranty v. Representation 51. Payment gamit promissory note or check - possible?
17. ^In case of doubt, what will prevail? Why? 52. What is the cash and carry rule?
18. American Home Assurance Case 53. Nagbayad ng PN or check.. pero bago maging cash, nasunog
19. Section 72 ung insured property - question: makakaclaim ba ung insured?
20. Ang Giok Chip Case 54. Instances when the insured is entitled for the return of the
21. "Another instrument" meaning premium
22. Included ba ang rider sa "another instrument"? 55. Meaning of over-insurance
23. What is the effect ng non-fulfillment of warranties?
24. ^Exceptions? (See Sec 73)
25. Qua Chee Gan Case FOURTH
26. Young Case 1.) What is a claim?
27. Is materiality of warranty essential para sa rescission? 2.) Before loss, can the insured assign his right sa insurance
28. Meaning ng "Warranty is material" contract?
29.Geagonia v CA 3.) ^Eh in life insurance?
30. Is fraud necessary para makaviolate ng warranty? 4.) After loss, can the insured assign his right sa insurance contract?
31. May difference ba sa effect pag may fraud or wala sa part ng 5.) Is the consent of the insurer necessary pag inassign after ng
insured? If yes, ano? loss?
32. What is a condition? 6.) Agreement to assign before loss - bakit void?
33. Kinds of conditions 7.) What is a loss?
34. Condition Precedent 8.) Who has the burden of proof when loss has occurred?
35. ^example 9.) When is the insurer liable?
36. Condition Subsequent 10.) A insured his house against FIRE. Fire caused an explosion
37. ^example which destroyed the house. Is the insurer liable?
38. Effect(s) of non-fulfillment of condition subsequent? 11.) What if the explosion is an excepted peril, is the insurer liable?
39. Meaning of exceptions 12.)A insured his building against FIRE. Explosion caused the fire.
40. Exceptions v. Warranties v. Conditions Fire destroyed the building. Is the insurer liable?
41. What is a premium? 13.) A insured his stocks in trade against FIRE. The stocks were
42. What is the effect pag hindi nakapagbayad ng premium ang stored in a bodega. The bodega was destroyed by fire.. pero ung
insured? (Qualify mo, kung 1st payment ba o hindi) stocks ay hindi nasunog dahil sa agarang pagresponde ng mga
43. Exceptions ng sec 77. (see 257-259 ng book) bumbero.. Nabasa yung mga stocks at hindi na mapakinabangan pa.
44. Makati Tuscani Case Is the insurer liable?
45. UCPB Case

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14.) ^Fire out. Stocks were not soaked. The owner left the goods in 44.) Discuss facultative
the warehouse as is. Looters were able to steal the stocks. Is the 45.) Is the reinsurer liable to the insured?
insurer liable? 46.) ^Instances na pwedeng maging liable ang reinsurer sa original
15.) ^ Kelan magiging liable ang insurer pag-nanakaw ung stocks? insured.
16.) United Merchants v. Country Bankers Case
17.) FGU Corp v. Court of Appeals Case
18.) Sunlife Insurance Case FIFTH
19.) What is a notice of loss? 1.) Ano ung covered ng marine insurance?
20.) Is there a form required by law? INJURY TO PASSENGERS, included?
21.) Pwede oral notice? 2.) Kailangan ba nasa vessel yung precious stones etc para ma-
22.) Period kung kailan dapat mabigay ang notice of loss? cover ng insurance policy?
23.) Can the parties stipulate yung period to give notice? 3.) Perils of the sea vs. Perils of the ship
24.) Is the insured required to give proof of loss? or sufficient na 4.) La Razon Case and MALAYAN CASE
yung notice of loss? 5.) Sa all-risk insurance, yung peril of the ship, covered ba ng policy?
25.) What is a proof of loss? 6.) Burden of proving in an all-risk insurance?
26.) May required form ba ang proof of loss? 7.) Insurable interest over the vessel
27.) Who decides kung sufficient na ang proof of loss? 8.) Insurable interest of the charterer
28.) Pacific Timber Case 9.) Section 101 - SEC. 103. The insurable interest of the owner of
29.) What is double insurance? the ship hypothecated by bottomry is only the excess of its value
30.) Double Insurance vs. Over-insurance? over the amount secured by bottomry.
31.) Can there be over-insurance sa double insurance? 10.) Why is it in bottomry ang pwede lang i-insure yung difference sa
32.) Can there be over-insurance without double insurance? value?
33.)Is double insurance prohibited by law? 11.) Bakit in charter party ang insurable interest ng owner ay yung
34.) SECTION 94!!!!!!! full volume ng vessel pero un bottomry bakit yung difference lang?
35.) X ay may insurable interest sa bahay niya na P60,000. 12.) Who has insurable interest in freightage?
Ininsure niya ung house kay A ng P30,000; kay B ng 60,000; at kay 13.) What is freightage?
C ng 90,000 14.) Exceptions in concealment (Section 110) - SEC. 112.
i.) May over-insurance? 15.) What is the effect if insured concealed these facts and such
ii.) Eh double insurance? concealment is the cause of the loss?
iii.) Apply yung 1st rule sa section 94 16.) What are the implied warranties under Marine insurance? (Page
36.) Difference sa rule ng pagvalued and unvalued 345)
37.) See #35 - X claimed P30,000 from A; 60,000 from B; at 90,000 17.) Can these implied warranties be waived?
kay C. QUESTION: What is the rule pagkasobra ang nacollect? 18.) When is the implied warranty of seaworthiness satisfied?
38.) How do you determine the liability of the insurers among 19.) When do you determine that the seaworthiness has been
themselves? complied with? - sec117
39.) What is reinsurance? 20.) Recknong point of seaworthiness - seaworthiness relates to the
40.) Purpose or Benefits of reinsurance? vessel's actual condition at the time of the commencement of the
41.) Types of reinsurance voyage.
42.) How is reinsurance effected? 21.) Pano kung during the voyage naging unseaworthy yung vessel?
43.) Discuss automatic 22.) If ship becomes unseaworthy, pero seaworthy nung

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commencement of voyage, tapos nagkaroon ng loss, liable ba
insurer?
23.) What is deviation? (Page 356)
24.) When is there proper deviation?
25.) Effects of improper deviation
27.) Ship lumubog, tapos may nasalvage na 1/4 or 1/6 of the value of
the vessel. Is there actual loss? - if insured is effectively deprived of
the use and possession of the property as where the property
insured passes into the possession of captors or salvors.
28.) Even if the insured was able to recover scrap metals and sold
the same, acutal loss pa din? - no
29.) When is there constructive loss? (page 263)
20.) Instances of constructive total loss?
31.) What are the options of the insured pag may constructive total
loss?
32.) Requisites of abandonment (page 370
33.) Pag may proper abandonment, may the insurer refuse to pay
the insurance?
34.) Panu if improper yung abandonment?
35.) What is co-insurance?
36.) When does co-insurance arise?
37.) Before there may be co-insurance, what must be the nature of
the insurance?
38.) Requisites of co-insurance, what must be the nature of the
insurance?
39.) Is there an insurance in marine insurance wherein the goods are
not injured pero liable pa din yung insurer?
40.) What is general average?
41.) Liable ba yung insurer for particular average? (page 365) -
42.) Mere stipulation in the policy makes the insurer liable in
particular average?
43.) Ano yung covered ny fire insurance?
44.) What do you mean by hostile fire? (page 282)
45.) Friendly fire? (page 281)
46.) Building for residential tapos a portion of which is for the storage
of firecrackers na binebenta, pwede ba irescind ng insurer?
47.) Residential property pero may zoning ordinance converting the
property to a commercial property tapos ginawang store ng
firecrackers, pwede ba irescind ng insurer?
48.) How do you measure the indemnity in fire insurance? (page
401)
49.) Pag open policy? Valued policy
50.) House in 2005 - P5,000,000 House present - P5,500,000
Nasunog. Ano ang liablity ng insurer? Pag open? (P5.5M) Pag
valued? (P5M)
51.) Pano pag may partial loss tapos open policy? Same example
tapos 1/5 yung na-destory? - 1/5 of 5.5M - value of property at time
of loss
IF VALUED - 1/5 of 5M
52.) What is co-insurance?
53.) Co-insurance in fire insurance (page 403)
54.) If A insured his house worth P3,000,000 pero yung insured ay
P2,000,000 lang tapos may nasunog worth 1.5m. Liablity ng insurer
pag may co-insurance? - 2/3 of 1.5M
55.) ^ Same example. totally nasunog. Magkano liability ng insurer
pag may co-insurance? - full amount of 2M
56.) Ong Gua Case
SIXTH
1.) What is casualty insurance?
2.) Examples of casualty insurance?
3.) Enumerate some types of insurance falling under casualty
insurance
4.) What is covered by casualty insurance? Liability lang or injury
lang?
5.) Criminal liability – covered ng casualty insurance? How about
liability arising from tort? - criminal negligence - accidental - motor
insurance policy - deliberate criminal acts- not insurable
6.) In a third party liability, ano ung insurable interest?
7.) Example of liability insurance - motor vehicle liability, professional
liability, products liability
8.) Liability insurance v insurance against actual loss
9.) With respect to determining the liability of the insurer, kailangan
ba may judgment saying liable yung insurer?
10.) Can the third person directly claim from the insurer?
11.) Is the insurer solidarily liable sa insured? 12.) Can the third
person choose from whom he can collect?
13.) What is suretyship?
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14.) Nature of liability of a surety - solidary; limited/fixed; contractual
15.) Surety v guaranty
16.) Suretyship v property
17.) Is the CASH AND CARRY rule applicable to suretyship?
18.) Is there a premium paid sa suretyship?
19.) In suretyship, is the acceptance of the obligee necessary?
20.) Is there an instance na walang pagbayad ng premium pero valid
ang suretyship?
21.) CASE: Prudential Guarantee v Equinox - building construction
22.) CASE: Philippine Pryce v CA - surety
23.) ^Pano nadetermine na may acceptance sa part ng oblige? -
requirement of bond before purchase Invoices for purchase were
delivered and received
24.) What does life insurance cover?
25.) What is the risk insured against?
26.) General types of life insurance?
27.) What is a contract of life annuity?
28.) ^Is it a life insurance?
29.) In life insurance, is death caused by accident covered?
30.) What is “accident”?
31.) CASE: De la Cruz v CA - boxing
32.) Liability of insurer in case of intentional acts by third persons? -
if excepted peril
33.) ^Yung intention ba, kailangan intention to kill a specified person
o to kill any person?
34.) CASE: Kanapi v. Insular Life - bullet wound
35.) CASE: Calanoc v. CA – watchman
36.) CASE: Biagtan v. Insular Life - 9 stab wounds
37.) ^Pano pag yung pagstab kay Biagtan ay once lang pero fatal,
excepted din ba un? Yung number of stabs ba yung basis ng SC in
concluding na intentional at hindi accident ang pagpatay?
38.) CASE: Finman v. CA - festival
39.) Liability of insurer in case of suicide
40.) Is the 2-year period maximum or minimum?
41.) Bakit 2 years lang? reason behind
42.) May instance ban na committed ang suicide within the 2 year
period pero liable ang insurer?
43.) Can the insurer assign his life insurance to anyone? Kaht
walang insurable interest yung assignee? Why?
44.) When should insurable interest exist in life insurance policy.
SEE SECTION 19
45.) Is the consent of the insurer necessary in an assignment of
insurance? How about beneficiary?
46.) How does the insurer measure his liability?
47.) Can you quantify the insurable interest in life insurance? HOW –
SEVENTH
1.) What is a motor vehicle?
2.) What is a passenger?
3.) Example ng passengers but hindi required to pay [ng fare]?
4.) Who is a third party?
5.) Same ba ang third party and passenger?
6.) ^Purpose ng differentiation ng 3rd party and passenger?
7.) Who is an owner?
8.) Who is an operator?
9.) Insurance policy lang ba ang option ng owner and operators?
10.) Cash deposit na requirement – magkano dapat?
11.) Who/What determines the amount of the cash bond?
12.) Effect pag nag fail ang owner/operator to procure an insurance
policy, surety bond, or cash bond?
13.) ^Pag private vehicle, hindi rin pwede mag-operate?
14.) When naga-accrue ang liability ng insurer?
15.) ANNA MAY ininsure yung car niya. Nabangga ni Anna may si B.
Nagfile si B ng DALAWANG kaso: Criminal – reckless imprudence
resulting to damage to property; tsaka civil – damages. INSURER ni
ANNA: B, Hindi ka pa pwede mag-claim kasi wala pang judgment na
liable si ANNA MAY, therefore, hindi ako liable.
QUESTIONS: a.) Tama ba yung insurer ni ANNA? Why or Why not?
b.) Pwede bang makaclaim si B sa parehas na case (Crim and civil)
para sa isang act lang?
16.) So upon the happening of the accident, the injured party can go
directly sa insurer?
17.) What is the no fault indemnity clause?
18.) Requirements before one can claim under the no fault indemnity
clause?
19.) Yung requirements ba, dapat all or kahit isa lang?
20.) ANNA bus - MAY bus - at pedestrian - Nagbangaan si ANNA
bus at MAY bus. - Nasugatan yung mga pasahero ni ANNA bus. -
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Nasugatan yung mga pasahero ni MAY bus. - May nadamay na
pedestrian.
QUESTIONS: a.) Kanino pwede mag claim yung mga pasahero ni
ANNA bus under NFIC? b.) Kanino pwede mag claim yung mga
pasahero ni MAY bus under NFIC? c.) Kanino pwede mag claim
yung nadamay na pedestrian? d.) Paano madedetermine kung sino
ang liable sa pedestrian?
21.) Kailangan ba ng final judgment bago makaclaim under NFIC?
22.) Limit ng NFIC?
23.) P15,000 – paano pag sumobra yung damage/injury. Maclaim ba
ng injured yung sumobra sa 15,000?
24.) ^If yes, HOW? If no, why?
25.) If the insurer pays under the NFIC, exonerated na ba yung party
at fault?
26.) Purpose of NFIC?
27.) Can insurer cancel the insurance policy?
28.) Effect pag insured fails to get a new Insurance Policy, post
Surety Bond, or post Cash bond?
29.) Effect ng cancellation ng cover?
30.) CASE: TIU v. Arriesgado
31.) CASE: Perla Compania de Seguros, Inc. v. Ancheta
32.) Is an occupant a passenger?
33.) Is an occupant a third party?
34.) So sino talaga ang occupant?
35.) CASE: Vda de Maglana v. Consolacion
36.) CASE: Villacorta v. Insurance Commissioner
37.) CASE: Association of Baptis v. Fieldmen’s Insurance (NOTE:
Hindi necessary ang conviction sa crim case)
38.) CASE: Palermo v. Pyramid Insurance
39.) CASE: Tanco v. Philippine Guaranty
40.) CASE: Gutierrez Case
41.) May form ba ang claim? WRITTEN dapat
42.) Period ng claiming?
43.) Can the insured institute an action when he failed to file a notice
of claim with the insurer? WHY or WHY NOT?