SEC. 25. Every stipulation in a policy of insurance for
the payment of loss whether the person insured has or has not any
interest in the property insured, or that the policy shall be received
as proof of such interest, and every policy executed by way of gaming or
wagering, is void.
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 25 (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).