Insurance obligation

Under CIP (Carriage and Insurance Paid To) according to Incoterms 2020, the seller must arrange transport to the named destination and obtain insuranc...

Under CIF, the seller is obligated to procure marine insurance for the goods, covering the voyage to the named destination, with a coverage amount typ...

The term refers to the obligation to obtain or have a transport insurance policy arranged under certain Incoterms. Depending on the Incoterm chosen (f...

CMR insurance is liability insurance for the carrier in international road freight transport, covering loss of or damage to goods in transit in accord...

Not an established term in logistics/transport. In German law, 'Duldungspflicht' refers to the obligation to endure a temporary approval or tolerance ...

EXW (Ex Works) places the maximum obligation on the buyer. The seller's obligation is to make the goods available at his premises. There is no Incoter...