Cost, Insurance and Freight
| Model No. | CTO17486 |
|---|---|
| Sample Time | 7 days |
| OEM / ODM | Available |
| Port | Shenzhen or HK,China |
| Views | 1 views |
US$ 6~13 /Piece | Get Latest Price
Product Detailed Description
Cost, Insurance and Freight (CIF) is a common term in a sales contract that may be encountered in international trading when ocean transport is used.
When a price is quoted CIF, it means that the selling price includes the cost of the goods, the freight or transport costs and also the cost of marine insurance. CIF is an international commerce term (see Incoterm).
CIF is identical in most particulars with Cost and Freight (CFR), and the same comments apply, including its applicability only to conventional maritime transport. In addition to the CFR responsibilities, the seller under CIF must obtain in transferable form a marine insurance policy to cover the risks of transit with insurers of repute. The policy must cover the CIF price plus 10 per cent and where possible be in the currency of the contract. Note that only very basic cover is required equivalent to the Institute "C" clauses, and buyers should normally insist on an "all-risk" type of policy such as that under the Institute "A" clauses. The seller's responsibility for the goods ends when the goods have been delivered to the marine carrier or have been delivered on board the shipping vessel, depending upon the terms of the contract.
This term is only appropriate for conventional maritime transport, not ro/ro or international container movements.
About this range
Made to your specification: this range mixes items from several product families, so material, finish and construction are confirmed on the quotation and on the pre-production sample before bulk starts, and the unit that ships matches the unit that was approved. Every item is inspected before packing, and repeat orders keep the same specification. Dimensions, colours, printing method and packaging are quoted per item; other options are quoted on request.
Who it suits
Built for buyers who source across categories and want one quotation and one shipping date. Typical uses include:
- Promotional and corporate-gift programmes mixing several product lines in one shipment
- Retail and e-commerce sellers restocking a catalogue rather than a single item
- Trade-show and event orders that need matching items across categories
- Distributors consolidating small orders from several suppliers into one delivery
- Buyers who want the specification confirmed on a sample before bulk
Ordering & commercial terms
| MOQ | Negotiable — confirmed on the quotation per item |
| Samples | Available before bulk; sample fee quoted per design and credited against the bulk order |
| Lead time | Confirmed on the quotation per item |
| OEM / ODM | Logo printing, custom packaging and private-label builds available |
| Artwork | Your artwork is checked by our team before production starts |
| Packaging | Quoted per item — poly bag, gift box, blister or custom box |
Terms above apply across the range; item-specific specifications are quoted with the product.
Customisation
- Logo printing, engraving or embroidery on the item or on the packaging
- Custom packaging: poly bag, gift box, blister card or printed carton
- Private-label builds under your own brand
- Artwork checked by our team before production starts
- Colour and finish matched to your reference sample