G.R. No. 114427 - Geagonia vs. Court of Appeals

Geagonia vs. Court of Appeals

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Title Supreme Court: Geagonia vs. Court of Appeals

Case: G.R. No. 114427

Decision Date: Feb 6, 1995

Geagonia obtained fire insurance from CBIC but failed to disclose two other policies. CBIC denied his claim after a fire, citing policy violation. Supreme Court ruled in Geagonia’s favor, finding no double insurance and ambiguous policy terms.

fire insurance policy

commercial law

moral hazard

Standard 19 min

END