cbc4ed1a___Definition
[Incoterm] CIF [Definition] 
Cost, Insurance, Freight… named port of destination “Cost, Insurance and Freight” means that the seller delivers when the goods pass the ship's rail in the port of shipment. The seller must pay the costs and freight necessary to bring the goods to the named port of destination and bear all risks of loss of or damage to the goods until they have passed the ship's rail at the port of shipment. In CIF the seller also has to procure marine insurance against the buyer's risk of loss of or damage to the goods during the carriage. USAGE: Maritime and inland waterway transport only
Definition