Incoterms® 2010 Rules—CIP Carriage and insurance paid to [Archived]

Published by a LexisNexis Commercial expert
Practice notes

Incoterms® 2010 Rules—CIP Carriage and insurance paid to [Archived]

Published by a LexisNexis Commercial expert

Practice notes
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ARCHIVED: This Practice Note has been archived and is not maintained. For the 2020 version of the rule, see: Incoterms® 2020 Rules—CIP Carriage and insurance paid to

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Incoterms® 2010 rules were replaced by Incoterms® 2020 rules with effect from 1 January 2020. For the CIP Incoterm applicable from 1 January 2020, see Practice Note: Incoterms® 2020 Rules—CIP Carriage and insurance paid to.

CIP (insert named place of destination) Incoterms® 2010

Guidance note

This rule may be used irrespective of the mode of transport selected and may also be used where more than one mode of transport is employed.

‘Carriage and Insurance Paid to’ means that the seller delivers the goods to the carrier or another person nominated by the seller at an agreed

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Jurisdiction(s):
United Kingdom
Key definition:
Incoterms definition
What does Incoterms mean?

An abbreviation of 'International Commercial Terms'—a set of globally recognised terms and conditions used in international, and sometimes domestic, contracts for the sale and purchase of goods.

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