Billing and insurance charged to destinations or the fees and premiums charged to, English Carriage and Insurance Paid to, abbreviated as CIP, is a condition of Incoterms, which:The seller must:Contract and pay the cost of transportation to the destination location specifiedObtaining export licenses, tax and export feesDelivery for the first transportThe insurance contract for the goods and pay the premiumProvide to the buyer the invoice, certificate from the normal transport and insurance or other proof to show the row was coveredThe buyer must:Get the goods when the goods are delivered to the first transport, when the invoices, insurance and shipping documents were delivered to yourselfTake risks and losses since the deliveries for the first transport
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