Works as CFR does: the goods are delivered, and risk passes, once loaded aboard in the shipment port; the seller books and pays freight as far as the destination port named in the term, tenders the usual negotiable transport document, handles export clearance only, and cannot claw back unloading costs at destination. On top of that the seller has to buy cargo insurance at its own expense. The cover must meet at minimum Institute Cargo Clauses (C) of LMA/IUA, or comparable clauses (the parties may agree wider cover); be placed with reputable underwriters or insurers; let the buyer, or anyone else with an insurable interest, claim against the insurer directly; be for no less than 110 percent of the contract price, in the contract's currency; and run from where the goods are delivered as far as the named destination port, or beyond. The seller supplies the policy, a certificate or other proof of cover and, if the buyer asks and pays, extra cover such as war and strikes clauses where obtainable, together with the information the buyer needs to arrange further insurance. Where goods travel multimodally or are handed over at a container terminal, CIP is the rule to use.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.