Professional Documents
Culture Documents
Insurance
Insurance
Cases:
1. Spouses Cha vs Court of appeals
Nilo and Stella entered into a contract of lease with CKS the lessor.
One of the stipulation in the lease contract is that the lessee shall
not insure the chattel or merchandise inside the premises without
the consent of the lessor. Notwistanding the said provision, Cha
still insured their merchandised within the leased premises with
United Insurance. A fire suddenly broke out, CKS ask that the
premium based on the insurance contract inure to their benefit
since the spouses insured the merchandise without their consent.
United Insurance refused to pay on the ground that CKS has NO
Insurable interest over the chattel. Who is entitled to receive?