Alqanoni

Commercial Maritime Law

Art. 329
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

If the insurance contract is for a specified period, the insurance coverage shall take effect against risks that occur on the first day of coverage until the end of the last day; a day shall be calculated on a 24-hour basis, commencing at the Commercial Maritime Law time of concluding the contract, according to the time zone of the place where the contract is concluded.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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