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An Act Amending Chapter One of Act Numbered Twenty Four Hundred and Twenty-Seven, Known as "The Insurance Act," So as to Provide a Time Limit of Not Less Than One Year for Bringing Suit Under Any Policy of Insurance, and for Other Purposes.

An Act Amending Chapter One of Act Numbered Twenty Four Hundred and Twenty-Seven, Known as "The Insurance Act," So as to Provide a Time Limit of Not Less Than One Year for Bringing Suit Under Any Policy of Insurance, and for Other Purposes.

Act Β· Approved December 1, 1933 Β· 2 sections

Data as of July 4, 2026 Β· Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Β· Read the official text β†—

Section 1

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SECTION 1. Chapter one of Act Numbered Twenty-four hundred and twenty-seven is hereby amended by inserting the following section therein: "SEC. 61-A. Any condition, stipulation or agreement in any policy of insurance, limiting the time for commencing an action thereunder to a period of less than one year from the time when the cause of action accrues, is void."

Section 2

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SEC. 2. This Act shall take effect on its approval. Approved, December 1, 1933.

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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