CIF Clothing Records and Appointments A direct link to the ISM page to which the AKO link redirected previously is available as an alternative method for SM's to access their OCIE records now that AKO has been retired.
CIF is an international shipping term that describes the seller's responsibility for the cost of shipping, freight charges, and insuring the cargo being shipped via ocean or waterway.
Cost, Insurance, and Freight (CIF): What It Is, How It Works, and Example
CIF-SS: California Interscholastic Federation, Southern Section - Governing interscholastic athletics, promoting equity, quality, character & academic development.
In CIF terms, the seller pays for insurance until the goods reach the port of discharge. The seller pays for insurance during transport, but the buyer is responsible for the goods once they are on board.
What does CIF stand for in Shipping Terms? CIF is a Shipping Incoterm that stands for: Cost, Insurance, Freight agreement, with the seller holding responsibility for all three.
Cost, Insurance and Freight (CIF) is an Incoterm rule that is identical to the CFR Incoterm rule except in one aspect: insurance. Even though the risk transfers to the seller upon loading the goods on board the vessel, in CIF, the seller is obliged to take out insurance cover for the buyer’s risk.
Standardized by the International Chamber of Commerce, CIF is a testament to streamlined trade. But what exactly does it denote? CIF stands for Cost, Insurance, and Freight. The seller covers all transport costs to the buyer's destination port, insurance for the shipment through its final delivery. Still, it is a bit more complex.