Act No. 2427 Section 10

Section 10

SEC. 10. If an insurer assents to the transfer of an insurance from a mortgagor to a mortgagee, and, at the time of his assent, imposes further obligations on the assignee, making a new contract with him, the acts of the mortgagor can not affect the rights of said assignee. INSURABLE INTEREST.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER I.—Insurance in general. →

Other provisions in CHAPTER I.—Insurance in general.

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

CitationAct No. 2427 Section 10 (LawPlayer, data as of July 4, 2026)

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

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