SEC. 137. An insurance confined in terms to an actual
total loss does not cover a constructive total loss, but covers any
loss, which necessarily results in depriving the insured of the
possession, at the port of destination, of the entire thing insured.
SUB-TITLE 111. — Abandonment
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 137 (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).