The Insurance Affidavit is a crucial document in Philippine insurance practice, required in various scenarios where formal sworn statements about insurance matters are necessary. This document type is governed by the Insurance Code of the Philippines and must comply with local notarial laws. It is commonly used when filing insurance claims, changing beneficiaries, declaring loss circumstances, or making formal statements about insurance policies. The affidavit must be executed before a Philippine notary public and typically includes detailed information about the insurance policy, the affiant's personal information, and specific declarations relevant to the insurance matter at hand. Insurance Affidavits can be required by insurance companies, courts, or other authorities as official documentation for insurance-related transactions or proceedings.
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1. Venue and Title: States the location where the affidavit is executed and clearly identifies it as an Insurance Affidavit
2. Personal Information: Affiant's complete name, age, citizenship, civil status, and residence address
3. Capacity Statement: Declares the affiant's capacity and authority to make the statement (e.g., policyholder, beneficiary, or authorized representative)
4. Insurance Policy Details: Specific information about the insurance policy including policy number, type, issuing company, and relevant dates
5. Primary Declaration: Main subject matter of the affidavit - the specific facts or circumstances being sworn to regarding the insurance matter
6. Supporting Facts: Detailed enumeration of relevant facts supporting the primary declaration
7. Verification Statement: Standard statement affirming the truthfulness of the contents
8. Jurat: Notarial section where the affiant swears to the truthfulness of the statements before a notary public
1. Witness Statement: Include when there are witnesses to the facts being declared who can attest to the truthfulness of the statements
2. Loss Description: Required when the affidavit relates to an insurance claim, describing the circumstances of the loss
3. Beneficiary Declaration: Include when the affidavit relates to beneficiary matters or changes
4. Prior Insurance Statement: Include when there's a need to declare existing or previous insurance policies
5. Medical Information Release: Include when the affidavit relates to health or life insurance matters requiring medical information disclosure
6. Property Description: Required when the affidavit relates to property insurance or claims
7. Foreign Language Statement: Include when the affiant's primary language is not English or Filipino, confirming the contents were explained in their understood language
1. Supporting Documents List: Itemized list of all documents attached to support the affidavit
2. Photo Documentation: When relevant, particularly for property damage or loss claims
3. Policy Information Sheet: Detailed information about the insurance policy referenced in the affidavit
4. Identification Documents: Copies of valid government IDs and other identification documents of the affiant
5. Medical Records: When relevant for health or life insurance-related affidavits
6. Property Documentation: When relevant for property insurance matters, including titles, receipts, or valuations
Relevant legal definitions
Clauses
Relevant Industries
Insurance
Financial Services
Legal Services
Real Estate
Healthcare
Manufacturing
Transportation
Construction
Retail
Professional Services
Relevant Teams
Legal
Compliance
Risk Management
Insurance Operations
Claims Processing
Policy Administration
Document Management
Customer Service
Underwriting
Corporate Governance
Relevant Roles
Insurance Claims Manager
Legal Counsel
Compliance Officer
Risk Manager
Insurance Underwriter
Claims Adjuster
Insurance Agent
Policy Administrator
Legal Administrative Assistant
Notary Public
Insurance Broker
Corporate Secretary
Risk Assessment Officer
Insurance Operations Manager
Legal Documentation Specialist
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