Commercial Maritime Law
Art. 352Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. If the insured breaches the obligations stipulated in Article 351, the insurer
may seek the immediate termination of the contract in addition to a
compensation equal to the insurance premiums pertaining to shipments of
which he has not been notified.
Commercial Maritime Law
2. If it is established that the insured acted in bad faith, the insurer may recover
the amounts he has reimbursed for shipment-related accidents following the
first deliberate breach committed by the insured.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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