The term CIF under Incoterms 2020 requires the seller to procure insurance for the buyer, but only minimum coverage.
举一反三
- According to INCOTERMS 2010, the ( )term require the seller to procure insurance and pay the insurance premium.
- According to Incoterms 2010. the seller is not obliged to cover insurance if the deal is under the DAT term, but he or she is if under the CIF term.
- In the CIF transaction, the seller is required to obtain insurance only on minimum cover.
- 中国大学MOOC: INCOTERMS 2020 requires the seller to handle the export customs clearance except under ( ).
- Under the CIF term the( )must contract for the cargo insurance． A: carrier B: buyer C: consignee D: seller