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Free Legal Advice Philippines » GENERAL PRINCIPLES, UPDATES » LEGAL MATTERS, GEN PRINCIPLES, DOCTRINES, UPDATES » Commercial Law » Insurance Code » PARTIES TO AN INSURANCE CONTRACT

PARTIES TO AN INSURANCE CONTRACT

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1 PARTIES TO AN INSURANCE CONTRACT Sat Sep 20, 2008 9:57 pm

barrister

Reclusion Perpetua

Posts : 318
Join date : 23/08/2008

1. Insurer � The person who undertakes to indemnify another
2. Insured � The person with capacity to contract and having an insurable interest in the life or property of the insured; and
3. Beneficiary � Person designated to receive proceeds of policy when risk attaches

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Free Legal Advice Philippines » GENERAL PRINCIPLES, UPDATES » LEGAL MATTERS, GEN PRINCIPLES, DOCTRINES, UPDATES » Commercial Law » Insurance Code » PARTIES TO AN INSURANCE CONTRACT

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