227 reactions · 4 comments | The Importance of Insurance in...
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227 reactions · 4 comments | The Importance of Insurance in...
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FacebookParesh Solanki - International Export Import Tra…
Who take Insurance in Export? The responsibility for taking insurance in exports depends on the specific Incoterm used in the trade agreement. Here's a breakdown: Incoterms with Insurance Obligation: CIP (Carriage and Insurance Paid To): In this Incoterm, the seller is responsible for arranging and paying for minimum cover insurance against the buyer's risk of loss or damage to the goods from the place of delivery to the destination. CIF (Cost, Insurance, and Freight): Mainly used for maritime t
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Who take Insurance in Export? The responsibility for taking insuranc…
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FacebookParesh Solanki - International Export Import Tra…
21 reactions | Are You Making This Costly Export Mistake? Most Indian exporters skip export insurance to save a few rupees… but one mistake can cost lakhs. Low price, high protection — still ignored! New exporters focus on product & buyers but forget the most important part: Risk Management. #ExportBusiness #ExportImport #IndianSpices #KDSushmaPodcast #GlobalFortuneAcademy #ExportIndia #MSMEExports #LearnExportImport #exportstartup | KDSushma | Facebook
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21 reactions | Are You Making This Costly Export Mistake? Most India…
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