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Showing 1–4 of 4 articles for “premium payment”

Payment Deadlines: Insurers Can't Deny Coverage After Granting Credit

Philippine Supreme Court ruling on when insurers cannot deny coverage if they granted credit terms for premium payments.

No Premium, No Policy: Philippine Insurance Law on Payment and Coverage

Philippine Supreme Court clarifies that fire insurance policies require actual premium payment before coverage attaches, rejecting implied credit arrangements.

Fire Insurance Premiums: When Partial Payment Is Not Enough in the Philippines

Philippine Supreme Court rules on whether partial premium payment makes a fire insurance policy valid and binding.

Chattel Mortgage Insurance: When Lenders Must Notify Borrowers of Premium Payments

Philippine Supreme Court rules on chattel mortgage insurance renewals, lender obligations, and borrower notice requirements in installment payments.