Section 16
SEC. 16. The measure of an insurable interest in property is the extent to which the insured might be damnified by loss or injury thereof.
SEC. 16. The measure of an insurable interest in property is the extent to which the insured might be damnified by loss or injury thereof.
CitationAct No. 2427 Section 16 (LawPlayer, data as of 2026-07-04)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).