- Cargo Manifest
- Carnet
- Carrier Liability
- Carrier onboard delivery (COD)
- CEIV Fresh
- CEIV Lithium Battery
- CEIV Live Animals
- CEIV Pharma
- CEIV Trade Lane Certification
- Center beam flatwagon / car
- Certificate of Conformity (CoC)
- Certificate of Insurance (COI)
- Certificate of Manufacturer
- Certificate of Origin (CO)
- Certification of Origin Form A
- CFR, Cost and Freight
- Charter
- CIF, Cost Insurance and Freight
- CIM Transport document
- CIP, Carriage and Insurance Paid To
- CMNI Transport Document
- CMR Transport document
- Coilcars
- Cold Chain
- Commercial Invoice
- Commodity Code
- Consignee
- Consignor
- Consular Invoice
- Container Ship/Vessel
- Contract of Carriage / Transport Document
- Corporate Social Responsibility (CSR)
- Covered (Goods) Van / Wagon
- Covered Hopper Wagon
- CPT, Carriage Paid to
- Curtainside Trailer / Tautliner
- Customs Value
CIF, Cost Insurance and Freight
CIF, Cost Insurance and Freight (insert named port of destination) is an IncoTerm whereby the use of this IncoTerm is restricted to goods transported by sea or inland waterway. The IncoTerm Cost, Insurance and Freight is very similar to Cost and Freight. However, in CIF the seller is obligated to arrange a sea Transport insurance. The seller takes out an insurance policy and pays the insurance premium; it is important that the buyer realizes that the seller is only obligated to provide insurance with minimum coverage. CIF is one of the most widely used IncoTerm because the costs and risks are quite evenly divided between both parties. Both the buyer and the seller are responsible for the parts in their “own” country. This makes the communication for insurance and customs formalities for example a lot easier. Source International Chamber of Commerce (ICC). Disclaimer
Our content is not in any way legal advice or binding. The information provided by might not be the official legal or full definition. Also when pursuing a specific transaction you are encouraged to conduct your own due diligence and to consult legal counsel as appropriate.