CIP insurance level
Quelle: https://iccwbo.org/resources-for-business/incoterms-2020/
CIP (Carriage and Insurance Paid To) is an Incoterm where the seller delivers the goods to a carrier or another person nominated by the seller, pays for the carriage and, to the named destination, obtains insurance for the goods. The insurance level refers to the minimum insurance coverage the seller must obtain during transit, typically ‘all risks’ coverage with a minimum insured value of 110% of the contract value (including freight).
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