PD 612 (The Insurance Code) Section 60

Section 60

SEC. 60. 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.

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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 60 (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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