INSURANCE - CONCEPTS & PRINCIPLES - Commercial LAW - Dean Joe-Santos B. BISQUERA - RISK Management

[@larryibanez9049]

Thank you very much Dean for this lecture on insurance. I now understand better than when I was a student in the college of law. Your lecture is very much detailed and simple, easy to understand. Though you have made this video 3 years already, this is still very helpful for aspiring lawyers like me....God bless you Dean

[@agnetaakuma10]

4:21 - General Principles 19:58 - nature 21:09 - Insurable Interest

[@lilibethcasel3869]

I am so blessed with the lecture presentations style of Atty. Bisquera. I learn better this way.

[@random-vt7oh]

Thank you so much po Dean for the easy-to-understand lecture. God bless!

[@dannmusico276]

Thanks po sa Clear and concise discussion. Ang ganda po ng examples and easy to understand

[@renzdmad4436]

Thank you po Dean for posting your discussion on Insurance and other Law subjects. Super ganda and thorough nang pagkadiscuss. Currently preparing po for the next sem. Salamat sa help.

[@junemenguito8793]

Sarap ulit-ulitin. Very informative

[@vilmacastrosanto9776]

Muchos gracias, Sir Dean Joe. God bless you abundantly.

[@constantlyimproving2879]

thank you dean! God Bless u po

[@jayps4434]

Sir thank you for this presentation, it really helped me in my exams. keep safe always sir!

[@joesantosbbisquera]

All the best

[@carl7175]

Thank you, Atty. Bisquera!

[@reycfd7753]

Excellent!

[@soniyemaizivei933]

Thank you DEAN GOD BLESS YOU

[@joesantosbbisquera]

Same to you!

[@karlreal4323]

Thank you dean for this presentation. This has been a great supplemental material aside from de leon's book. Thank you very much. Keep safe always!

[@joesantosbbisquera]

Heh heh, I thought our KZbin Presentation is better than De Leon because it presents the Concept from an easier level of understanding. What happens when I write a Book on Insurance, just reproducing this KZbin Upload?

[@bertjunrieQ]

@@joesantosbbisquera Thank you for this scholarly discussion, Dean. Your examples are really helpful up to the level that we can imagine our own scenarios that can be applicable to real-life experiences. If you decide to write a book in the future, please let us know.

[@KARLMINGLANA]

Salamat po nang marami

[@zangzang8107]

Thank you, Atty.☺️

[@taniboyberin573]

I greatly appreciate the discussion, thank you very much for this dean.

[@joesantosbbisquera]

Glad you enjoyed it! more coming up on Insurance, Tani. regards, your Dean JSBisquera

[@joesantosbbisquera]

No wonder, you are NOW Atty. Tani Berin. Come to UM Law to teach.

[@alvinjohnalcorcon1654]

Thank you dean and god bless

[@joesantosbbisquera]

You are very welcome. What Law School are you from Alvin John, regards, your friend, Dean JSBisquera

[@alvinjohnalcorcon1654]

I am from usc in cebu dean. Regards, alvin

[@joesantosbbisquera]

@@alvinjohnalcorcon1654 Please encourage your Associates at San Carlos to try watching our KZbin Uploads and see whether we can some more to their Law Studies and BAR Preparation.

[@samluca945]

thank you, sir

[@joesantosbbisquera]

What Law School are you from Samantha?

[@melendrezvenus4822]

Thank you po. So much easy to understand❤❤

[@trkkrbech]

thanks

[@TOPV_Church_of_God_Seventh_Day]

Hi, Atty. Thank you for sharing this informative clip on Insurance. Clarify ko lang po, is Segundina Musngi v West Coast Life Insurance still a good law? I'm a little confused with waiver of medical examination and the jurisprudence you cited under such topic vis a vis ruling of Musngi case law. Thanks in advance, Atty.

[@joesantosbbisquera]

Friend, I reviewed the Musngi Case [1935] and I find the latest jurisprudence is more demanding on Concealment in Life Insurance. However, the basic principle remains the same - the Insurance company should have all the information to handle both the micro-and-macro Financial Models in ensuring that there are enough funds to meet the happening of the RISK(s) that drain funds. So, without the accurate status of the Insured Parties, there is no meeting of minds as to what is being insured. I might be missing the area you are concerned about.

[@TOPV_Church_of_God_Seventh_Day]

@@joesantosbbisquera thank you, Atty. That answers my question. I will take note of this. Commercial law is my weakness but I find your videos on Comm/Mercantile easier to follow and remember. I'm using them for Bar review instead of those from review center. Thank you. ❤️

[@shapeschiffer]

Thanks po Dean. kelan po labas ng Marine Insurance?

[@joesantosbbisquera]

Soon, Shape. What Law School are you from, my friend. Your friend, Dean JSBisquera

[@shapeschiffer]

@@joesantosbbisquera Im your student po Dean. -DM Hernandez

[@joesantosbbisquera]

@@shapeschiffer Mark, may Question na lumabas 2 Questions on Insurance doon sa November 2022 which you took, right? Did you get it?

[@julietpacheco157]

Sir alam nyo po ba kung paano makuha ang insurance sa dungganon

[@joesantosbbisquera]

I already answered your Concern earlier. File your Demand with the Insurance Company concerned, copy furnished the Office of the Insurance Commission. When no response from the Insurance Company, make a Complaint for non-payment of Claim with the Insurance Commission. Still, if not results, we file a Civil Case before the RTC for Sum of Money (collection case) versus the Insurance company.

[@marklesterdorico4001]

Sir, thank you so much for your videos. May god bless you more po. I have a question po with regard to this provision "Section 48. Whenever a right to rescind a contract of insurance is given to the insurer by any provision of this chapter, such right must be exercised previous to the commencement of an action on the contract." -- does it mean po ba na, if the insurer is given the right to rescind, in life insurance, because of misrepresentation or concealment then the death occured and the claim for proceeds was filed. The insurer can no longer rescind or deny the payment of the insurance proceeds? For the reason that the claim or an action on the contract was made previous to a rescission, if any. An answer po is so much appreciated. Thank you po.

[@joesantosbbisquera]

Yes, the Insurance company can no longer dispute its liability to pay the beneficiary even when there is concealment, on these instancdes: (1) the death occurs after the two (2) year Contestible period even when the Insurance company can prove concealment; (2) when the Insured died within the two (2) year Contestible Period and the Beneficiaries already filed their claim even before the Insurance company has declared the Insurance Contract void. However, a 2nd School of Thought is that the Insurance Company enjoys the benefit of the 2 Years Contestible Period so that when the Insured dies within said 2 Years, the Insurance Company can still declare the Policy as void for Concealment. I favor the view that the Insurance company enjoys the full benefit of the two (2) Year Contestible Period, regardless of whether or not a Claim has already been filed by the Beneficiary. But the Beneficiary can still legally claim the Coverage even within the 2 year Contestible Period has not been reached when he promptly files the Claim before the Insurance Company initiates the declaration of the Policy being void. This latter situation is a legal battle revolving around the filing of the Claim, despite Concealment, before the disclaimer of the Insurance company is made.

[@marklesterdorico4001]

​​​​@@joesantosbbisquera Thank you po for the answer and your time. I'm sorry po for not including in my facts that the insured died within the contestible period. I'm one na po with your view that the insurance company enjoys full benefit of the 2 years contestable period, regardless of whether an action by the insured is made prior to the exercise of the right to rescind. However, in my final exam, I answered otherwise.😁 Thank you po again, I really enjoy watching your videos and listen to your experiences(like reciting the names of your seatmates). God bless you more po.

[@julietpacheco157]

Death insurance? Kz may kinuhaan po mama ko na lending sa dungganon.. savi samen kpg binayaran ang kulang ng mama ko may makukuha daw poh kame.. 1 month na po bigla poh savi samen wala daw poh makukuha mama ko.. eh binayaran poh namen ung kulang. Savi po samen ipagdasal nlng daw po at ung collector nlng daw poh magbbyad ng binayad namen kz hindi nadaw mababalik ng insurance ung binayad nmen..

[@joesantosbbisquera]

go to the Insurance Commission with your Letter-Complaint, attach yung Insurance Policy, ORs ng lahat ng Premium Payments and demand nyo sa Insurance Company na ayaw nilang bayaran. Give me an electronic copy of your Letter, copy furnished mo yung Insurance Commission Letter with my Name and let us wait for the Commission to hold a hearing. Let me know when you need me to help you as your Counsel.

[@julietpacheco157]

Anu po dapat na isusulat sa demand letter kasi hindi po namen alam ung dapat savihin.. wala po kasi alam sa batas tungkol po sa insurance.

[@julietpacheco157]

@@joesantosbbisquera sana po sir ay matulungan nyo po kame.

[@julietpacheco157]

Sana mapancn nyo po ung chat ko.

[@joesantosbbisquera]

with Response

[@joesantosbbisquera]

send me a handwritten write-up of your Story then email to me a scanned copy of the Insurance policy. Also, give me a copy of the replies of the Insurance company. Let me find time to draft your Demand Letter, copy furnished the Insurance commission. Then, file tayo ng breach of Insurance Contract Case versus the Insurance company.