When might CIF Incoterms not be the most suitable choice?

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 ... 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 ... Jun 18, 2020 ... Incoterms only for sea and inland waterway transport: FAS, FOB, CFR and CIF. Each Incoterm contains a set of rules of interpretation for the ... Mar 25, 2024 ... CIF stands for Cost, Insurance, and Freight. It means the seller is responsible for transporting the goods from the seller's warehouse to the ... Feb 20, 2025 ... Cost, Insurance and Freight (CIF) is an Incoterm rule that is identical to the CFR Incoterm rule except in one aspect: insurance. Apr 1, 2025 ... CIF (Cost, Insurance, and Freight) Incoterms stipulate that the seller is responsible for arranging and paying for transportation costs and ... Mar 26, 2025 ... CIF is an Incoterm specifically meant for shipping across oceans or international waters. There are other internationally recognized Incoterm ... The Cost, Insurance and Freight (CIF) incoterms means the seller (exporter) is responsible for delivering the goods onto the vessel of transport and clearing ... In. Indonesia, however, reference to 'customs value' in some regulations is confused by the use of the Cost, Insurance and Freight (CIF) Incoterm in the same ... Jan 22, 2020 ... In this Incoterms® comparison, we are going to compare two of the more popular terms: CIF (Cost, Insurance, Freight) and FOB (Freight on Board).