Commercial Maritime Law
Art. 350Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
An open-cover insurance shall provide the terms and conditions by which the
insurer and the insured are bound, including the maximum amount of insurance
per shipment to be reimbursed by the insurer, and the value of the insurance
premiums to be paid by the insured. The insured goods, voyages, vessels, and
other particulars shall be documented in a separate annex for each shipment.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded