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Home > Jargon Explained > Incoterms > CIF – Cost Insurance and Freight

  • A named port of destination must be specified
  • CIF is only suitable for sea and inland waterway movements
  • Seller must pay freight and other charges to named port of destination
  • Seller must effect insurance for loss or damage to the consignment whilst in transit to the port of destination
  • All additional costs and risks are the responsibility of the Buyer

Under CIF the main freight charges are paid by the seller

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R W Freight Services always deliver on time when carrying my import freight from Sweden.
Swedish Import Shipping
My shipments imported from Sweden are always delivered on time, RW Freight is a very reliable carrier.
Sweden Import Freight
Our import shipment from Norway was delivered by R W Freight Services at 9.30 am today, thank you again for the excellent service.
Import Freight Norway
Thank you very much for organising a special timed delivery to my London client for the goods you imported from Kerava in Finland for me. The goods delivered earlier than scheduled, both my client and I are very pleased.
Finnish Importer Client 55828
R W Freight Services are reliable at collecting our Swedish Freight on time and have excellent professionalism.
Swedish Exporter
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