SEC. 134. In addition to the liability mentioned in the last
section, a marine insurer is bound for damages, expenses of discharging,
storage, reshipment, extra freightage and all other expenses incurred
in saving cargo re-shipped pursuant to the last section, up to the
amount insured.
Nothing in this or in the preceding section shall render a marine
insurer liable for any amount in excess of the insured value or, if
there be one, of the insurable value.
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 134 (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).