CIF (Cost, Insurance, Freight)
An Incoterm where the seller pays the costs and freight to deliver goods to the port of destination, including insurance.
Frequently Asked Questions
What is CIF (Cost, Insurance, Freight)?
An Incoterm where the seller pays the costs and freight to deliver goods to the port of destination, including insurance.
Why is cif (cost, insurance, freight) important for US importers?
Understanding cif (cost, insurance, freight) is essential for importers to correctly classify goods, calculate duties, and maintain compliance with US Customs and Border Protection (CBP) regulations.