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Ng Gan Zee vs. Asian Crusader Life Insurance Corp., 122 SCRA 461

NG GAN ZEE, plaintiff-appellee, vs. ASIAN CRUSADER LIFE ASSURANCE CORPORATION, defendant-appellant.

G.R. No. L-30685 G.R. No. L-30685 | 1983-05-30

SECOND DIVISION

D E C I S I O N 


ESCOLIN, J.: 

This is an appeal from the judgment of the Court of First Instance of Manila, ordering the appellant Asian-Crusader Life Assurance Corporation to pay the face value of an insurance policy issued on the life of Kwong Nam, the deceased husband of appellee Ng Gan Zee. Misrepresentation and concealment of material facts in obtaining the policy were pleaded to avoid the policy. The lower court rejected the appellant's theory and ordered the latter to pay appellee "the amount of P20,000.00, with interest at the legal rate from July 24, 1964, the date of the filing of the complaint, until...