Professional Documents
Culture Documents
Syllabus
Atty. Catherine S. Amen
(Tuesday, 7:30-9:30PM)
Reference: Essentials of Insurance Law by Timoteo B. Aquino
I. General Provisions
a. Applicable Laws
b. General Concepts of Insurance
Cases: Republic v. Sunlife Ins. Co., G.R. No. 158085, 14 October 2005
White Gold Marine Services v. Pioneer Ins., G.R. No. 154514, 28 July 2005
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c. Characteristics
i. Insurance as a Risk Distributing Device
ii. Contract of Adhesion or Fine Print Rule
Case: Rizal Surety and Insurance Co. v. Court of Appeals, 336 SCRA 12, 2000
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iii. Aleatory
iv. Contract of Indemnity
v. Uberrimae Fides Contract
d. Essential Elements of Contract of Insurance; Requisites of Insurance
Cases: Philippine Health Care Providers, Inc. v. CIR, G.R. No. 167330, 18 September 2009
Gulf Resorts, Inc. v. Phil. Charter Insurance Corp., G.R. No. 156167, 16 May 2005
Philamcare Health Systems, Inc. v. Court of Appeals, G.R. No. 125678, 18 March 2002
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e. Perfection
Cases: Eternal Gardens Memorial Park v. Philamlife Insurance Company, G.R. No. 166245, 08 April 2008
Development Bank of the Philippines v. Court of Appeals, 231 SCRA 370
Great Pacific Life Assurance Corp. v. Court of Appeals, G.R. No. L-31845, 30 April 1979
Enriquez v. Sun Life Assurance Co. of Canada, 41 Phil. 269
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II. Parties
a. Insured
b. Insurer
c. Beneficiary
Cases: Heirs of Loreto Maramag v. Maramag, G.R. No. 181132, 05 June 2009
The Insular Life Assurance Co. v. Ebrado, 80 SCRA 181, 28 October 1997
Del Val v. Del Val, 29 Phil. 534
BPI v. Posadas, 56 Phil. 215
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IV. Premium
a. Concept
Case: UCPB General Insurance Co., Inc. v. Masagana Telamart, Inc., G.R. No. 137172, 04 April 2001
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b. Effect of non-payment of Premium
Case: Makati Tuscany Condominium Corporation v. CA, et al., G.R. No. 95546, 06 November 1992
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i. Exceptions
Case: UCPB General Insurance Co., Inc. v. Masagana Telamart, Inc. G.R. No. 137172, 04 April
2001
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c. Return of Premium
V. Policy of Insurance
a. Definition and Form
b. Fine Print Rule
c. Basic Contents of a Policy
d. Cover Notes
Case: Pacific Timber Export Corp. v. CA, 112 SCRA 199
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e. Rider
Case: CIR v. Lincoln Philippine Life Insurance Company, G.R. No. 119176, 19 March 2002
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f. Kinds of Property Insurance Policy
g. Cancellation of Policy
Case: Philamcare Health Systems v. CA, G.R. No. 125678, 18 March 2002
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h. Time to Commence Action on the Policy
i. Reinstatement of the Policy
Case: Lalican v. The Insular Life Assurance Co., Ltd., G.R. No. 183526, 25 August 2009
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VIII. Reinsurance
a. Definition
b. Parties
c. Distinguished from Double Insurance and Co-Insurance
d. Kinds of Reinsurance
e. Cancellation
X. Fire Insurance
a. Definition
b. Scope of Fire Insurance
c. Risks or Losses Covered
d. Effect of Alteration in the Thing Insured
e. Measure of Indemnity
Case: Development Insurance Corporation v. IAC, 143 SCRA 62
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f. Co-Insurance Clause
XIII. Suretyship
a. Definition
b. Nature of Liability of Surety
c. Distinctions between Suretyship and Property Insurance