CIP FreightCarriage and insurance Paid To

1
CIPFreight/Carriage and insurance Paid To

• This term is the same as CPT but with the
  additional requirement that the seller has to
  procure transport insurance against the risk of
  loss or damage to the goods during the carriage.
  The seller contracts with the insurer and pays
  the insurance premium.
• This term is used for all modes of transportation!

EXPORT CLEARANCE
IMPORT CLEARANCE
COUNTRY OF IMPORT
SELLER
BUYER
RISK
RISK
INSURANCE
COST
COST
PRE-CARRIAGE
ON-CARRIAGE
MAIN CARRIAGE