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PD 63 Section 1

Section 1

SECTION 1. Section Forty-eight of Act Numbered Twenty-four hundred and twenty-seven, otherwise known as "The Insurance Act," is amended to read as follows: "SEC. 48. A written instrument, in which a contract of insurance is set forth, is called a policy of insurance. "The policy shall be in printed form which may contain blank spaces, and any word, phrase or clause necessary to complete a particular contract of insurance shall be typewritten on the blank spaces provided therein. "Any rider, clause, warranty or endorsement purporting to be part of the contract of insurance and which is pasted or attached to said policy is hereby declared not binding on the insured, unless the descriptive title or name of the rider, clause, warranty or endorsement is also mentioned and typewritten on the blank spaces provided in the policy. "The Insurance Commission shall promulgate complimentary rules and regulations as will govern the requirements and procedures to be followed in the event policy alterations and amendments are necessary during the currency of an insurance policy."

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Other provisions in PD 63

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 63 Section 1 (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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