Incoterm Responsibility Checker
Which party is legally obligated to provide insurance under Incoterms 2020?
EXW
FCA
FAS
FOB
CFR
CIF
CPT
CIP
DAP
DPU
DDP
CIF
Cost, Insurance and Freight
Seller's Responsibility
Mandatory to provide insurance coverage (ICC Clause C or higher) up to destination port.
Mandatory
Buyer's Responsibility
Risk transfers at ship's rail; should consider additional coverage for inland leg.
Optional
Important: Only CIF and CIP mandate insurance by the seller under Incoterms 2020. For all other terms, insurance is a matter of commercial agreement between parties.