Glossary
What is CIF (cost, insurance and freight)?
The seller pays the sea freight and the marine insurance to the buyer's named port, but risk still passes to the buyer once the goods are loaded on board.
This term in other languages
| Arabic | التكلفة والتأمين والشحن |
|---|---|
| French | CIF (coût, assurance et fret) |
| Turkish | CIF (mal bedeli, sigorta ve navlun) |
Learn it in the lesson
The main incoterms a merchandiser meets and who pays for what under each one
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