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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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The way you handled our exports to Oslo, Norway we rate very good. We had no problems at all and everything came on time, the service was perfect.
Norway Export Customer 54013
The service received from RW Freight Services is excellent. The communication regarding the status of the shipment is excellent. RW Freight always keep you up to date when details are asked.
Norway Groupage Exporter
top score on all points
Norway Groupage Exporter
We will use RW Freight Services again in the future for any further shipments as and when they occur.
Sweden Groupage Exporter
RW Freight Services dealt with my export to Norway and I am very happy with the service I recieved. The were no issues or problems thoughout the whole shipment and I am very pleased with the pleasent manner I recieved whenever I spoke to RW Freight staff.
Norway Export Freight
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