PD 612 (The Insurance Code) Section 152

Section 152

SEC. 152. An abandonment once made and accepted is irrevocable, unless the ground upon which it was made proves to be unfounded. SEC. 153. On an accepted abandonment of a ship, freightage; earned previous to the loss belongs to the insurer of said freightage; but freightage subsequently earned belongs to the insurer of the ship.

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Other provisions in PD 612 (The Insurance Code)

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 152 (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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