Dec 3, 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.

5 days ago · CIF state football scores for divisional championship games on Friday, plus Saturday's state bowl schedule.

The CIF cost is calculated by adding the cost of the goods (C), insurance (I), and freight (F). For example, if the cost of goods is $10,000, insurance is $1,000, and freight is $2,500, the total CIF …

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 represents the …

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 covers all …

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 on board.

Oct 16, 2025 · 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 Incoterm …

Jan 21, 2025 · CIF (Cost, Insurance, and Freight) is an Incoterm defined by the International Chamber of Commerce (ICC) under Incoterms 2020, used for sea freight and inland waterway transport.

Cost, Insurance and Freight are the main components that CIF covers. It serves as one of the eleven Incoterms (International Commercial Terms) introduced by the ICC to help make international trade …

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), outlines the …