Amendments to Insurance Code PD 1460

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PRESIDENTIAL DECREE NO. 1814: Amendments to Insurance Code PD 1460

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Title Supreme Court: Amendments to Insurance Code PD 1460

Law: Presidential Decree No. 1814

Decision Date: Jan 16, 1981

Amendments to the Insurance Code in the Philippines specify grounds for refusal, suspension, or revocation of insurance licenses, redefine "Third Party" and "Insurance Policy," require valid insurance policies for motor vehicles, prohibit unreasonable denial of policies, and establish requirements for claimants.

insurance licenses

third party liability

motor vehicle accidents

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