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Article 352 of the Saudi Commercial Maritime Law

المادة 352 من النظام البحري التجاري · الفصل الرابع: التأمين على البضائع

The article allows the insurer, on breach of Article 351's obligations, to demand immediate termination with compensation equal to the premiums of unnotified shipments, and to recover what he paid after the first willful breach where there is bad faith.

Official text (Arabic)

This article has not been amended since the law was issued.

1- إذا خالف المؤمن له الالتزامات المنصوص عليها في المادة (الحادية والخمسين بعد الثلاثمائة), جاز للمؤمِّن أن يطالب بفسخ العقد فوراً مع أداء تعويض يعادل أقساط التأمين الخاصة بالشحنات التي لم يُبلغ بها.

2- إذا ثبت سوء نية المؤمن له، جاز للمؤمن أن يسترد ما دفعه عن الحوادث الخاصة بالشحنات اللاحقة على وقوع أول مخالفة عمدية من جانب المؤمن له.

This is the official Arabic wording, the only legally binding version. We do not translate the law itself; the explanation below is ours. Official source: Bureau of Experts at the Council of Ministers

Article 352 explained in plain English

Practical example

Translated from our Arabic explanation with machine assistance. For guidance only; it does not replace advice from a lawyer on your situation.

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Frequently asked questions about Article 352 of the Saudi Commercial Maritime Law

What happens if I do not notify some shipments under a floating policy?

The insurer may demand immediate termination of the contract and payment of compensation equal to the insurance premiums for the shipments he was not notified of.

Can the insurance company recover the compensation it paid?

If the insured's bad faith is proven, the insurer may recover what he paid for incidents concerning shipments after the first willful breach.

Articles this article refers to

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The texts are reproduced from the official website of the Bureau of Experts at the Council of Ministers for reference; where they differ, the officially published Arabic text prevails. This content is not legal advice.