
Yu Pang Cheng v. CA- Life Insurance Policy
Category: Law on Insurance
Yu Pang Cheng v. CA- Life Insurance Policy
105 PHIL 1930
Facts:
> Yu Pang Eng obtained a life insurance policy naming his brother Yu Pang Cheng as beneficiary.
> Eng subsequently died of medullary carcinoma, Grade 4, advanced and lesser curvature.
> Cheng claims the proceeds of the policy.
> Insurance co. refused payment on the ground that the policy was void due to the concealment.
Issue:
Whether or not the policy is void.
Held:
YES.
In the application for the policy, Eng was asked whether he had been ill or had consulted a doctor due to symptoms or illnesses enumerated in the questionnaire. He answered “ No”, when in fact he was hospitalized seven months prior to his application for the said policy.
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Yu Pang Cheng v. CA- Life Insurance Policy
Category: Law on Insurance
Yu Pang Cheng v. CA- Life Insurance Policy
105 PHIL 1930
Facts:
> Yu Pang Eng obtained a life insurance policy naming his brother Yu Pang Cheng as beneficiary.
> Eng subsequently died of medullary carcinoma, Grade 4, advanced and lesser curvature.
> Cheng claims the proceeds of the policy.
> Insurance co. refused payment on the ground that the policy was void due to the concealment.
Issue:
Whether or not the policy is void.
Held:
YES.
In the application for the policy, Eng was asked whether he had been ill or had consulted a doctor due to symptoms or illnesses enumerated in the questionnaire. He answered “ No”, when in fact he was hospitalized seven months prior to his application for the said policy.
Related Philippine Law Resources:
Newer Philippine Law Resources:
Additional Law Reading:
Popular in BATASnatin:
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