SHIPPING CIF What is

What is Freight CIF?

Freight CIF, also known as Cost, Insurance and Freight (cost, insurance and freight), is a mode of transport used in international trade. In this type of freight, the seller is responsible for bearing the costs of transporting the goods to the final destination, including insurance.

How does CIF freight work?

In CIF freight, the seller is responsible for hiring the transportation company and paying for freight, insurance and other costs related to the transportation of the goods. This means that the seller is responsible for all expenses until the goods reaches the final destination.

In addition, the seller is also responsible for hiring insurance for the goods during transport. This insurance ensures that if any damage or loss occurs during transportation, the seller will be compensated.

What are the advantages of freight CIF?

Freight CIF offers some advantages for both the seller and the buyer. For the seller, this mode of shipping allows him to have greater control over the transport of the goods and can ensure that it reaches the final destination in perfect condition.

For the buyer, the CIF freight offers the security that the goods will be delivered to the final destination without having to worry about transportation costs and procedures. In addition, the buyer also has the guarantee that if any damage or loss occurs during transport, he will be compensated by the seller.

It is important to emphasize that CIF freight does not include import costs such as taxes and customs rates. These costs are the responsibility of the buyer.

  1. Advantage 1: Transport control by the seller
  2. Advantage 2: Buyer security
  3. Advantage 3: Indemnity in case of damage or losses

Advantages of freight cif




Transport control by the seller
Buyer security
Indemnity in case of damage or losses

Learn more about freight cif

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