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   What is an Incoterm CIF?

   • CIF is a Shipping Incoterm that stands for: Cost, Insurance, Freight agreement, with the seller holding responsibility for all three. When purchasing internationally, the seller is responsible for exporting the cargo and shipping it until they arrive at the destination port, while insuring the cargo throughout the voyage.

   CIF Incoterms: What CIF Means and Pricing - Guided Imports

   guidedimports.com/blog/what-does-cif-mean-incoterms/

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   What are the responsibilities of the seller under the Incoterm CIF?

   • Insurance: Under CIF Incoterms, the seller is responsible for obtaining insurance policy on the shipment, up until the port of destination. One the cargo is loaded onto the vessel, the seller transfers the shipment and all risks to the buyer.

   CIF Incoterms: What CIF Means and Pricing - Guided Imports

   guidedimports.com/blog/what-does-cif-mean-incoterms/

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   What is the difference between CIF and FOB?

   • The main differences between CIF and FOB lie in who assumes responsibility for the goods during transit. Under a CIF agreement, the seller assumes the costs and risks associated with transport until delivery, which is when the buyer assumes responsibility.

   CIF vs. FOB: What's the Difference? - Investopedia

   www.investopedia.com/ask/answers/020215/what-difference-between-cif-and-fob.asp

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   What is the meaning of CIF in import and export?

   • Cost, insurance, and freight (CIF) is an international shipping agreement, which represents the charges paid by a seller to cover the costs, insurance, and freight of a buyer's order while the cargo is in transit. Cost, insurance, and freight only applies to goods transported via a waterway, sea, or ocean.

   What Is Cost, Insurance, and Freight (CIF)? - Investopedia

   www.investopedia.com/terms/c/cif.asp

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2. www.investopedia.com › terms › cCost, Insurance, and Freight (CIF) Definition, Rules, and Example

   www.investopedia.com › terms › c

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   Sep 18, 2023 · CIF is an international shipping agreement that covers the costs, insurance, and freight of a buyer's order while in transit. Learn how CIF works, when the risk and cost transfer, and the special considerations for this Incoterm.

3. guidedimports.com › blog › what-does-cif-mean-incotermsCIF Incoterms: What CIF Means and Pricing - Guided Imports

   guidedimports.com › blog › what-does-cif-mean-incoterms

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   CIF is a shipping agreement where the seller pays for cost, insurance, and freight to the destination port. Learn what CIF means, what the buyer and seller responsibilities are, and the advantages and disadvantages of using CIF for international trade.

4. internationalcommercialterms.guru › incoterms-cifCIF – Cost, Insurance and Freight paid to (Port ... - Incoterms

   internationalcommercialterms.guru › incoterms-cif

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   CIF means the seller pays for the cost, insurance and freight of the goods until the port of destination. The buyer takes the risk and the goods from the carrier at the port of destination. Learn more about the obligations, examples and alternatives of CIF.

5. Videos

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     Incoterms CFR ( Cost And Freight ) / CIF ( Cost Insurance Freight )

     Oct 13, 2021

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     Explained about basic INCOTERMS for beginners! EXW/FOB/CFR/CIF/DAP/DDP.

     Apr 5, 2021

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     Incoterms for beginners | Global Trade Explained

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6. www.incotermsexplained.com › the-incoterms-rulesCost Insurance & Freight - Incoterms Explained

   www.incotermsexplained.com › the-incoterms-rules

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   Learn the meaning and usage of CIF, a sea or inland waterway rule where the seller pays for transport and insurance to the named port. Find out the advantages, disadvantages and common mistakes of CIF and how to avoid them.

7. tradefinanceglobal.com › incoterms › cif-price-costCIF (Cost, Insurance and Freight) Incoterms® [UPDATED 2024]

   tradefinanceglobal.com › incoterms › cif-price-cost

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   Learn about the Cost, Insurance and Freight (CIF) Incoterms rule, which is identical to CFR except for insurance. Find out the seller and buyer obligations, the key changes and updates, and the advantages and disadvantages of CIF.

8. www.aitworldwide.com › resources › incotermsIncoterms CIF - Cost, Insurance and Freight - AIT

   www.aitworldwide.com › resources › incoterms

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   Learn what CIF (Cost, Insurance and Freight) means in international trade and how it differs from other Incoterms. Find out the seller's and buyer's responsibilities, costs and risks under CIF, and see a sample contract and invoice.

9. www.maersk.com › logistics-explained › customs-andCIF Incoterms® meaning | Cost Insurance Freight | Maersk

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   Oct 6, 2023 · Learn the meaning, usage, and limitations of Cost, Insurance, and Freight (CIF), one of the 11 Incoterms® rules set by the International Chamber of Commerce. CIF applies to sea or inland waterway transport, but not to containerised or air cargo.