11.CIF Incoterms – Cost, Insurance and Freight (named port of destination)
CIF is a very common format and it is identical to CFR: the only difference is that the seller also pays to insure the merchandise.

cif1

Incoterm 2010Export-Customs declarationCarriage to port of exportUnloading of truck in port of exportLoading charges in port of exportCarriage (Sea Freight/Air Freight) to port of importUnloading charges in port of importLoading on truck in port of importCarriage to place of destinationInsuranceImport customs clearanceImport taxes
EXWBuyerBuyerBuyerBuyerBuyerBuyerBuyerBuyerBuyerBuyer
FCASellerSellerBuyerBuyerBuyerBuyerBuyerBuyerBuyerBuyer
FASSellerSellerSellerBuyerBuyerBuyerBuyerBuyerBuyerBuyer
FOBSellerSellerSellerSellerBuyerBuyerBuyerBuyerBuyerBuyer
CFRSellerSellerSellerSellerSellerSellerBuyerBuyerBuyerBuyer
CIFSellerSellerSellerSellerSellerSellerBuyerBuyerSellerBuyerBuyer
CPTSellerSellerSellerSellerSellerSellerSellerSellerBuyerBuyer
CIPSellerSellerSellerSellerSellerSellerSellerSellerSellerBuyerBuyer
DATSellerSellerSellerSellerSellerSellerSellerSellerBuyerBuyer
DAPSellerSellerSellerSellerSellerSellerSellerSellerBuyerBuyer
DDPSellerSellerSellerSellerSellerSellerSellerSellerSellerSeller
fresa-bpo