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Carriage and Insurance Paid To

Embassy Logistic Terms: Carriage and Insurance Paid To

CIP – Carriage and Insurance Paid To (agreed place of destination).
The seller delivers the goods to the carrier at an agreed place of delivery and pays for transport and insurance to the named destination. The risk is transferred at the place of delivery, whereas the seller pays for transport and insurance to the destination.
The insured value of goods is 110% of the invoice value, including transport charges.

More information about Carriage and Insurance Paid To /CIP ?

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