What is Cost, Insurance and Freight (CIF)? Meaning.
Cost, Insurance and Freight (CIF) is an international sales
term used in the transportation industry, especially ocean transport. When
a price is quoted CIF, it means that the selling price includes the cost of
the goods, the freight or transport costs and also the cost of marine insurance.
The seller's responsibility for the goods ends when the goods
have been delivered to the marine carrier or have been delivered on board
the shipping vessel, depending upon the terms of the contract.
Note that because this is a legal term, its exact definition
is much more complicated and can differ by country.
Special Interest Group
|
Join
|
Cost, Insurance and Freight (CIF) Special Interest Group.

Special Interest Group (7 members)
|
|
Forum about Cost, Insurance and Freight (CIF).
|
|
The top-rated topics about Cost, Insurance and Freight (CIF). Here you will find the most valuable ideas and practical suggestions.
|
|
Advanced insights about Cost, Insurance and Freight (CIF). Here you will find professional advices by experts.
|
Who Bears the Goods' Damage Risk? - INCOTERMS 2020 Transportation, Insurance, International Trade, Import, Export of Goods, Risk of Damage, Freight Terms In order to ensure the company's continued activity and the implementation of its objectives, managers always find thems (...)
|
|
|
Various sources of information regarding Cost, Insurance and Freight (CIF). Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops.
|
|
Automatically jump to further useful sources regarding Cost, Insurance and Freight (CIF).
|
|
|
|
|
News
|
Videos
|
Presentations
|
Books
|
More
|
|
|
|
Compare with: Free
on Board
|
|
Copy this into your study materials:
and add a hyperlink to:
|
|
Link to this knowledge center
|
Copy this HTML code to your web site:
|
|
|
|
|
|
|