Cost, Insurance, and Freight (CIF): What It Is, How It Works, and …
Dec 29, 2025 · CIF is an international agreement between a buyer and seller in which the seller has responsibility for the cost, insurance, and freight of a sea or waterway shipment.
CIF vs. FOB: Understanding Key Differences in ... - Investopedia
Oct 14, 2025 · Under CIF, the seller covers the cost, insurance, and freight until the goods reach the buyer's port, making it more expensive but more convenient for the buyer. In contrast, FOB …
CIF Section Offices - California Interscholastic Federation
2. North Coast Section Pat Cruickshank, Commissioner 5 Crow Canyon Court, Suite 209 San Ramon, CA 94583-1621 Phone: (925) 263-2110 • Fax: (925) 263-2120 Email: …
What Is CIF Shipping? Cost, Insurance & Freight Explained
Jan 4, 2026 · CIF - Cost, Insurance, and Freight is an international shipping agreement between seller and buyer ensuring the former covers costs, insurance and freight charges when cargo …
CIF Incoterms® meaning | Cost Insurance Freight | Maersk
Oct 6, 2023 · Cost, Insurance, and Freight (CIF) is one of the 11 Incoterms® rules set by the International Chamber of Commerce. It’s an international shipping agreement, which …
CIF Cost, Insurance And Freight - Incoterms® - craneww.com
Standardized by the International Chamber of Commerce, CIF is a testament to streamlined trade. But what exactly does it denote? CIF stands for Cost, Insurance, and Freight. The seller …
What is CIF in Shipping? Key Terms, Processes, and Differences …
Nov 11, 2024 · Cost, Insurance, and Freight (CIF) is one of the most widely used Incoterms (International Commercial Terms) for shipping, especially for maritime transport. When CIF …
CIF | Incoterms Guru
In CIF terms, the seller pays for insurance until the goods reach the port of discharge. The seller pays for insurance during transport, but the buyer is responsible for the goods once they are …
CIF Incoterms: Definition, Difference, and Explanation
Dec 27, 2024 · One commonly used term is CIF, short for Cost, Insurance, and Freight. But what is CIF exactly? CIF, an Incoterm created by the International Chamber of Commerce (ICC), …
CIF Incoterm (Cost, Insurance and Freight) - iContainers
Jan 2, 2026 · As an importer or exporter, do you know what you're responsible for under the CIF Incoterm? We list the obligations for both buyer and seller when operating under the CIF …