SEC. 54. When an insurance contract, is executed with an
agent or trustee as the insured, the fact that his principal or
beneficiary is the real party in interest may be indicated by describing
the insured as agent or trustee, or by other general words in the
policy.
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 54 (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).