388. C & f contracts.

The nature and consequences of a c & f (cost and freight) contract are in almost every respect the same as those of a cif contract, but without that obligation on the seller to effect and tender a document of insurance which is an integral element in the make-up of a cif contract and the price payable under it1.

Under a c & f contract it is up to the buyer to effect any insurance which he requires: the contract may sometimes oblige him to effect insurance and relieve the seller of any liability to the extent of the insurance cover stipulated