Insurance

No Action Clause

What is a “no action” clause?

 

It is a requirement in a policy of liability insurance which provides that suit and final judgment be first obtained against the insured, that only thereafter can the person injured recover on the policy. (Guingon v. Del Monte, G.R. No. L-­‐21806, Aug. 17, 1967)


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Musikatorni is a musical project by Atty. Ranny Randolf B. Libayan, known for its original song compositions that blend insightful lyrics with captivating melodies.
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