CIF Cost Insurance and Freight



CIF Cost Insurance and Freight


The following texts are the property of their respective authors and we thank them for giving us the opportunity to share for free to students, teachers and users of the Web their texts will used only for illustrative educational and scientific purposes only.



The information of medicine and health contained in the site are of a general nature and purpose which is purely informative and for this reason may not replace in any case, the council of a doctor or a qualified entity legally to the profession.



International Commercial Terms


CIF Cost Insurance and Freight


CIF   {+ the named port of destination}
Cost, Insurance and Freight

The cargo insurance and delivery of goods to the named port of destination (discharge) at the seller's expense. Buyer is responsible for the import customs clearance and other costs and risks.
In the export quotation, indicate the port of destination (discharge) after the acronym CIF, for example CIF Pusan and CIF Singapore.
Under the rules of the INCOTERMS 1990, the term CIF is used for ocean freight only. However, in practice, many importers and exporters still use the term CIF in the air freight.


Source :


Google key word : CIF Cost Insurance and Freight file type : doc

Author : not indicated on the source document of the above text

If you are the author of the text above and you not agree to share your knowledge for teaching, research, scholarship (for fair use as indicated in the United States copyrigh low) please send us an e-mail and we will remove your text quickly.


Meaning of CIF Cost Insurance and Freight


If you want to quickly find the pages about a particular topic as CIF Cost Insurance and Freight use the following search engine:




CIF Cost Insurance and Freight


Please visit our home page Terms of service and privacy page




CIF Cost Insurance and Freight