{"@context":"https://schema.org","@type":"DefinedTerm","name":"Carriage And Insurance Paid To","description":"Under CIP (Carriage and Insurance Paid To), the seller pays freight to the named destination and arranges cargo insurance in the buyer's favour – but risk already passes to the buyer upon handover to the first carrier. This split between cost/insurance obligation and risk transfer is the defining characteristic of CIP and often surprises buyers unfamiliar with Incoterms. Since Incoterms 2020, CIP requires coverage at the level of Institute Cargo Clauses A or equivalent, a significant upgrade fro","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/carriage-and-insurance-paid-to","inLanguage":"en","dateModified":"2026-06-26T21:44:13.717955","citation":"https://iccwbo.org/business-solutions/incoterms-rules/incoterms-2020/","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/carriage-and-insurance-paid-to","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Carriage And Insurance Paid To · Under CIP (Carriage and Insurance Paid To), the seller pays freight to the named destination and arranges cargo insurance in the buyer's favour – but risk already passes to the buyer upon handover to the first carrier. · Quelle: https://iccwbo.org/business-solutions/incoterms-rules/incoterms-2020/"}