Incoterms insurance exclusion

Quelle: https://iccwbo.org/resources-for-business/incoterms/

A term indicating that, under the selected Incoterm, the seller does not arrange or provide insurance for the goods; the buyer must arrange and pay for their own insurance, and insurance coverage is not provided by the seller.

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The insured value declared under the chosen Incoterms term, representing the maximum amount recoverable for loss or damage during transit; used to det...

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⚖️ ICC Incoterms 2020

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