Section 50
SEC. 50. The insurance shall be applied exclusively to the proper interest of the person in whose name it is made unless otherwise specified in the policy.
Act No. 2427 Section 50
SEC. 50. The insurance shall be applied exclusively to the proper interest of the person in whose name it is made unless otherwise specified in the policy.
CitationAct No. 2427 Section 50 (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).