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.