CIF Shipping

Shipping

Household Goods

From Argentina

To Algeria

32 views / 0 experts

Fernando J.

Mar 05, 2021

Who Pays for CIF Shipping?

1 answer

Kerim A.

Mar 05, 2021

The seller pays for and arranges the insurance and freight. It’s a popular Incoterm because the buyer knows the final cost of goods and need not organise the shipping and insurance suppliers. A seasoned buyer may prefer to organise these suppliers to get the best deal and avoid any premium for the seller to do the work.