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Act No. 2427 Section 15

Act No. 2427 Section 15

Section 15

SEC. 15. A mere contingent or expectant interest in anything, not founded on an actual right to the thing, nor upon insurable. any valid contract for it, is not insurable.

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 15 (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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