SEC. 301. Any person who for any compensation,; commission
or other thing of value acts or aids in any manner in soliciting,
negotiating or procuring the making of any insurance contract or in
placing risk or taking put insurance, on behalf of an insured other than
himself, shall be an insurance broker within the intent of this Code,
and shall thereby become liable to all the duties, requirements,
liabilities and penalties to which an insurance broker is subject.
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 301 (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).
