PD 612 (The Insurance Code) Section 17

Section 17

SEC. 17. The measure of an insurable interest in property is the extent to which the insured might be damaged by loss or injury thereof. SEC. 18. No contract or policy of insurance on property shall be enforceable except for the benefit of some person having an insurable interest in the property insured.

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Other provisions in TITLE 3. — Insurable Interest

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

CitationPD 612 (The Insurance Code) Section 17 (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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