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https://www.investopedia.com/terms/c/carriage-and-insurance-paid-cip.asp
Jul 31, 2019 · Carriage and Insurance Paid To (CIP) is when a seller pays freight and insurance to deliver goods to a seller-appointed party at an agreed-upon location. The risk of damage or loss to the goods being transported transfers from the seller to the buyer as soon as the goods are delivered to the carrier or appointed person.Author: Will Kenton
https://internationalcommercialterms.guru/incoterms-cip/
Under CIP terms, the seller clears the goods for export and is responsible for deliver the goods at the agreed place of shipment. The seller must pay the cost of carriage, but seller’s risk ends at place of shipment. The seller must procure the minimum insurance until the named place of destination.
https://howtoexportimport.com/Difference-between-CIP-and-CIF-507.aspx
CIF terms of delivery is in force for many decades where as CIP has been introduced in Inco Terms 2010. Under CIF terms, freight is paid up to the depot of ship owner or his agent up to the destination mentioned in contract. Where as under CIP terms, freight is paid up the destination mentioned which can be either up to any inland destination or up the depot of ship owner or his agent. While arranging …
https://www.incotermsexplained.com/the-incoterms-rules/the-eleven-rules-in-brief/carriage-insurance-paid-to/
Carriage and Insurance Paid To (CIP) Can be used for any transport mode, or where there is more than one transport mode. The seller is responsible for arranging carriage to the named place, and also for insuring the goods. As with CPT, delivery of the goods takes place, and risk transfers from seller to buyer, at the point where...
https://www.aitworldwide.com/Incoterms-CIP
In Carriage and Insurance Paid To (CIP), the seller assumes all risk until the goods are delivered to the first carrier at the place of shipment—not the place of destination. Once the goods are delivered to the first carrier, the buyer is responsible for all risks.
https://howtoexportimport.com/Difference-between-CIP-and-DAP-in-shipping-terms-516.aspx
Seller’s responsibility in CIP terms of shipping The above articles clearly explains about CIP and DAP. Detailed articles about Inco Terms of Delivery under export and import of International business have been mentioned in separate category – INCO TERMS – in this web site.
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