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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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RW freights service to norway is excellent. We require a certificate of shipment on our movements and R W freight send these very quickly. The other freight forwarders we use on exworks shipments take a lot longer to send them. We have RW Freights details and will be recommending their excellent service to our customers.
Norway Export Freight
RW Freight Services were very efficient with their delivery, brillaint overall service.
Import Freight Shipping
Ever since we started using RW Freight Services for our exports to Norway they have been hassle free.
Norway Groupage Exporter
Good communication from R W Freight staff.
Spain Freight Exporter
R W FREIGHT handle export shipments to Swedenfor us. 10 out of 10 absolutely no problems. Fantastic service.
Sweden Export Client 44378
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