SEC. 55. To render an insurance effected by one partner or
part-owner, applicable to the interest of his co-partners or other
part-owners, it is necessary that the terms of the policy should be such
as are applicable to the joint or common 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 55 (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).