What is CIP (Carriage & Insurance Paid To)? | Incoterms 2020
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What is CIP (Carriage & Insurance Paid To)? | Incoterms 2020
As a seller, you’ll often want to sell with one of the ‘C’ rules. Why? Because you get to control the freight, and the shipping documents, and you don’t carry the burden of risk. With CIP you’re only required to provide insurance from the point of risk transfer to the named point of destination… leaving lots of room on either side ...
2.9K viewsSep 11, 2020
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