CIF minimum coverage C

Quelle: https://iccwbo.org/resources-for-users/incoterms-2020/

TL;DR

CIF minimum coverage C refers to the CIF term with the standard insurance at level C under Institute Cargo Clauses. The seller must procure marine cargo insurance with the coverage defined in the contract as level C. This provides a basic protection against specified perils during transit up to the insured value, but is narrower than higher ICC levels (A …

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