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Freight PrepaidAny Mode of Transport

CIP — Carriage and Insurance Paid To

Seller pays carriage and high-level insurance (Institute Cargo Clauses A) to the named destination. Risk transfers when goods are handed to the first carrier.

Risk Transfer

On handover to first carrier

Insurance

Seller — ICC (A)

Suitable For

Any Mode (incl. multimodal)

Shipment Flow

Seller
OriginRisk transfers
Carrier
Destination
Buyer
Freight payerSeller
InsuranceSeller
Import clearanceBuyer
8Seller responsibilities
4Buyer responsibilities
0Negotiable / Optional

Obligations & Charges

Responsibility matrix per ICC Incoterms® 2020 — official Seller / Buyer / Negotiable mapping for CIP.

Export Packaging

Seller

Loading Charges

Seller

Delivery to Port/Place

Seller

Export Duty, Taxes & Customs Clearance

Seller

Origin Terminal Charges

Seller

Loading on Carriage

Seller

Carriage Charges

Seller

Insurance

Seller

Destination Terminal Charges

Buyer

Delivery to Destination

Buyer

Unloading at Destination

Buyer

Import Duty, Taxes & Customs Clearance

Buyer
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