Topic
50 articles
The CIP named place sets where seller-paid carriage and insurance end. Name it by facility and point, name the delivery point separately, and keep the same name on every document.
A small first order under CIP buys seller-paid carriage and Clause A insurance to a named destination, while risk passes at handover to the first carrier. This guide tests that trade on small-shipment economics, compares FCA and CPT, and gives an order-one checklist.
CIP mistakes cost importers through the insurance policy, not the freight rate: wrong clause, sum insured below 110%, unnamed handover point, cover ending early, and a claim filed with the wrong party.
Under CIP, the seller arranges Clause A insurance for at least 110% of the contract price while the buyer bears transit risk from the first carrier. How to read the certificate, work the insured value, and claim.
CIP fits air freight because it is an any-mode rule, but the term only works when the handover terminal, destination airport and insurance wording are written for an air journey. This guide places delivery at the cargo terminal and compares CIP with CPT, FCA and the D terms.
CIP can be right when seller-arranged Clause (A) insurance and multimodal carriage are worth more than control of the carrier. This decision guide shows when that trade pays, and when CPT, FCA or a D term serves the buyer better.
CIP from Bangladesh splits cost from risk: the seller pays carriage and insurance to the destination, but risk passes at the first-carrier handover. This guide follows the booking, the insurance certificate and the documents, leg by leg.
A CIP documents checklist for Bangladesh shipments, in claim order: the Clause A insurance document, transport document, invoice, packing list, delivery notice, origin certificate and export clearance set, with who issues each and the failures to fix.
CIP risk transfer happens at handover to the first carrier, while the seller pays carriage and Clause A insurance to the destination. This guide follows one air shipment, a worked example and the claim route.
What a CIP price includes and excludes: goods, carriage and Clause A insurance to a named destination, who bears the risk from handover, and a worked Bangladesh example with example figures.
CPT mistakes that cost importers on Bangladesh shipments: risk passes at the first carrier handover, not at the destination. Seven errors, from unnamed inland delivery points to missing insurance, each with a fix.
Under CPT, neither party must insure the cargo: the buyer bears the risk from handover to the first carrier and arranges its own cover. How to choose the clause tier, set the sum insured, and keep cover running to the final warehouse.
