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What is CIF in Shipping?

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What is CIF in Shipping?

🌊 **What is CIF in Shipping?** 📦 **Cost, Insurance, and Freight (CIF):** - One of the 11 Incoterms® rules by the International Chamber of Commerce. - Seller covers the costs, insurance, and freight to the buyer's port of destination. - Provides insurance for loss or damage during transit. ⚓ **How It Works:** 1. **Seller's ...

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CIF (Cost, Insurance, and Freight) Incoterm Explained | CIF Shipping, Meaning & Import-Export Terms

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