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CPT / CIP
Also Known As: Carriage Paid To, Carriage and Insurance Paid To
CPT means the seller pays for shipping to a destination, but risk transfers to the buyer once the goods are handed to the carrier. CIP is similar, but the seller also provides insurance for the shipment.
Both CPT and CIP involve the seller covering transport costs, but not full delivery responsibility. CIP adds an extra layer of protection by including insurance, making it more suitable for higher-value shipments.

