Spice export glossary

CIF (Cost, Insurance, Freight)

An Incoterm where the seller pays cost, insurance and freight to the destination port; convenient for first-time buyers but the seller controls freight.

CIF (Cost, Insurance, Freight) is a term buyers use when sourcing spices from India. If you are buying to this spec and want it verified on your lot, we quote against it and ship with the test report.