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Frequently Asked Questions for FBA shipment

What is CIP Incoterm?

The CIP Incoterm or “Carriage and Insurance Paid to” states that the seller is responsible for bringing the goods to the destination and the payment of the cost of international freight as well as insurance costs. Unlike other Incoterms, the transfer of risk is made when the goods have been loaded on board the means of transport.

The CIP Incoterm is versatile as it can be used irrespective of the mode of transport.

incoterms CIP

Seller's obligations under the CIP Incoterm


Buyer's obligations under the CIP Incoterm