SEC. 239. Assets allocated to any separate variable
account shall be valued at their market value on the date of any
valuation, or if there is no readily available market then in accordance
with the terms of the variable contract applicable to such assets, or
if there are no such contract terms then in such manner as may be
prescribed by the rules and regulations of the Commissioner.
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 239 (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).
