Section 10 of the Insurance Code indeed provides that every person has an insurable interest in his own life. Section 19 of the same code also states that an interest in the life or health of a person insured must exist when the insurance takes effect, but need not exist thereafter or when the loss occurs.
Jurisprudence tells us that one who pleads payment has the burden of proving it; the burden rests on the defendant to prove payment, rather than on the plaintiff to prove non-payment.
“Filipino farmers are the backbone of our economy. Thus, their safety is our priority. This month, let’s honor their efforts and stay informed about the preventive measures they practice for the safety of our nation”
The month of August of every year is declared as the “National Electrification Awareness Month” pursuant to Proclamation No. 1743, series of 2009.
The case revolves around the legality of benefits granted by the Philippine Health Insurance Corporation (PHIC) under Notices of Disallowance (NDs). The central issue is whether PHIC had the authority to grant these benefits, which include productivity bonuses and allowances, beyond its standard compensation.
Corporations offer a range of advantages, including limited liability, access to capital, perpetual existence, enhanced credibility, and the ability to attract talent. However, they also come with drawbacks such as complexity, double taxation, regulatory burdens, potential conflicts of interest, and reduced personal control.
It is necessary to register your business with the DTI to provide it with a legal identity and gain the rights to use your business name. However, a business name (BN) registration is not a license to operate a business.
On the other hand, it is essential for a business to register with the SEC in order for them to be treated as a legal or judicial entity.
The doctrine of corporation by estoppel is founded on principles of equity and is designed to prevent injustice and unfairness. It applies when a non-existent corporation enters into contracts or dealings with third persons. In which case, the person who has contracted or otherwise dealt with the non-existent corporation is estopped to deny the latter’s legal existence in any action leading out of or involving such contract or dealing.
There is no need to present the confidential informant (CI) since the testimony would merely corroborate the testimonies of those who actually witnessed the transaction.
However, if the CI is also the poseur-buyer, there is a need to present him/her.
The month of August is declared as the annual National Lung Month by virtue of Presidential Proclamation No. 1761, series of 1978.
