CIF Incoterm 2020 Explained : Cost, Insurance, and Freight | EXPORTER'S Guide to Mandated Insurance

CIF Incoterm 2020 Explained : Cost, Insurance, and Freight | EXPORTER'S Guide to Mandated Insurance CIF Incoterm 2020: The EXPORTER'S Guide to Mandated Insurance (Cost, Insurance, and Freight Masterclass) The CIF (Cost, Insurance, and Freight) Incoterm 2020 is a sea-only term and one of the most common trade rules, especially for goods traded in vast volumes. Like its cousin, CFR, CIF is a "C" rule that creates a stark divergence: the seller pays all the way to the destination port, but the risk transfers to the buyer at the port of shipment. The crucial difference? Under CIF, the seller is legally obligated to arrange and pay for marine insurance (at minimum coverage) to protect the buyer during the main carriage. This term protects the buyer from the moment the goods are loaded. Watch this video to master the CIF obligations, understand the mandatory insurance rules (ICC Clause C), and learn why, for container shipments, you must swap CIF for CIP to ensure maximum compliance and protection. Registar As Verified Exporter - https://theexporterhub.com/exporter-r... CIF Incoterm : https://theexporterhub.com/cif-incote... TheExporterHub: Your Gateway to Verified Indian Exporters. 🇮🇳 Looking for trusted suppliers from India? Or an Indian exporter ready to go global? We connect you with verified businesses for secure international trade. Dive into daily export-import news, market insights, and success tips! Visit us at TheExporterHub.com to find verified exporters or get your business verified today! CIF Incoterms 2020, CIF explained, Cost Insurance Freight, CIF vs CIP, CIF vs CFR, Incoterms insurance requirements, Institute Cargo Clauses C, Incoterms sea transport, who pays insurance CIF, export compliance CIF,import export business,import export training,import export course,international trade,how to start export,import export online,how to start export business,export documentation,import,import export,export,smart logistics network,learn export,trade compliance,global trade,export business india,import export federation,export business,freight forwarding tips #CIFIncoterm2020 #Incoterms2020 #MandatoryInsurance #SeaFreightRules #CostInsuranceFreight #ExporterLiability #TheExporterHub #ExportIndia #VerifiedExporters #GlobalTrade #MadeInIndia #IndianExports #EximIndia #TradeWithTrust #B2BIndia #ExportImportNews #BusinessVerification #ExporterHub