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Act No. 2427 Section 57

Section 57

SEC. 57. An open policy is one in which the value of the thing insured is not agreed upon, but is left to be ascertained in case of loss.

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 57 (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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Act No. 2427, full textChapter navigation and full text, so you can read this section in contextPhilippines legislationPhilippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and yearCHAPTER I.—Insurance in general. — read this in contextThe surrounding text of the act in order, so you can see what comes before and afterChapters and sections