CIP | Carriage and Insurance Paid To – Incoterms 2020
Posted on 15/07/202110/08/2021 by admin. CIP (or Carriage and Insurance Paid To) – Incoterms 2020 is an Incoterm where the seller is responsible for the delivery of goods to an agreed destination in the buyers country, and must pay for the cost of this carriage. The sellers risk however, ends once they have placed the goods on the ship, at ...