How does CIF apply to shipments that require temperature control or other special handling?

Jul 13, 2024 ... CIF stands for “Cost, Insurance, and Freight.” It is one of 11 shipping rules called Incoterms, which split costs and risks between buyers and ... Cost, Insurance and Freight (CIF) is a trade term and Incoterm that means the seller pays to cover the cost of shipping, as well as insurance, for freight ... Jan 4, 2025 ... The term CIF has got two critical points. They are the point of delivery and the point of destination. The seller contracts for carriage with ... CIF, short for Cost, Insurance, and Freight, is a cornerstone term in international shipping agreements, especially for sea and inland waterway transport. Under ... CIF – Cost, Insurance & Freight (named port of destination) · Use preceding Incoterms · Incoterms usage. Jan 19, 2023 ... Incoterms make global trade easier, clearer and more efficient for ... CIF - Cost Insurance and Freight (insert named port of destination). Aug 28, 2022 ... Under CIF Incoterms, it is the buyer's responsibility to ensure they take care of insurance charges for the shipment. To ensure goods are ... Under the CIF Incoterm, the seller agrees to 1) pay for all the costs related to moving goods to a destination port of the buyer's choosing and 2) insure the ... The Incoterm CIF belongs to the two-point clauses, i.e.: transfer of risk and transfer of costs occur at different points. The risk is already transferred to ... Incoterms. 2.1 The CIF or CFR section, as applicable, of the Incoterms 2020 is incorporated herein. 3. Conflicts in terms. 3.1 If any terms conflict, the ...