Cif (cost, insurance, freight) clause is the clause mainly used for unloading transactions concerning generic goods in overseas traffic and obliges the seller to properly ship and insure the goods at his own expense up to the cif location.
German: Cif-Klausel (205)
Source: LK-Lötscher, 11.05.2020
Leave a ReplyWant to join the discussion?
Feel free to contribute!