SEC. 136. Where it has been agreed that an insurance upon a
particular thing, or a class of things, shall be free from particular
average, a marine insurer is not liable for any particular average loss
not depriving the insured of the possession, at the port of destination,
of the whole of such thing, or class of things, even though it becomes
entirely worthless; but such insurer is liable for his proportion of all
general average loss assessed upon the thing insured.
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 136 (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).