Commercial Maritime Law
Art. 295Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. An insurance policy shall be in the name of the insured, or to his order, or to
the bearer.
2. The lawful bearer of an insurance policy may claim compensation, and the
insurer may invoke any defenses he may have against the insured, even if
the insurance policy is issued to the beneficiary’s order or to its bearer.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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