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Virginia A. Perez vs CA and BF Lifeman Insurance Corp 323 SCRA 613

VIRGINIA A. PEREZ, petitioner, vs. COURT OF APPEALS and BF LIFEMAN INSURANCE CORPORATION, respondents.

G.R. No. 112329 | 2000-01-28

D E C I S I O N 


YNARES-SANTIAGO, J.

A contract of insurance, like all other contracts, must be assented to by both parties, either in person or through their agents and so long as an application for insurance has not been either accepted or rejected, it is merely a proposal or an offer to make a contract. 

Petitioner Virginia A. Perez assails the decision of respondent Court of Appeals dated July 9, 1993 in CA-G.R. CV 35529 entitled, "BF Lifeman Insurance Corporations, Plaintiff-Appellant versus Virginia A. Perez, Defendant-Appellee," which declared Insurance Policy 056300 for P50,000.00 issued by private respondent...