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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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I am very pleased with the RW Freight import service from Sweden. I was advised when the goods arrived in the UK and the goods were delivered very quickly after that.

Swedish Import

RW Freight Services carry our exports to Norway and we have never had any complaints about the level of service they provide.

Norway Groupage Exporter

We are really impressed with your trailer export services to Alicante, Spain. We will definitely be using R W Freight Services for the next job

Exporter to Alicante Spain 060878

We trust RW Freight to handle our import cargo from Hong Kong.

Hong kong Airfreight Importer

Very happy with RW Freight. They collect on time - no complaints.

80958

Business freight your cargo, our business

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