1. Cost, Insurance and Freight (CIF) The seller (exporter) is responsible for delivering the goods onto the vessel of transport and clearing Customs in the country of export. He is also responsible for purchasing insurance, with the buyer (importer) named as the beneficiary. (Google)
2. Cost, insurance and freight, almost always abbreviated to c.i.f, is a term used in international trade.The c.i.f. price of a traded good is the price including the costs of getting it to its destination. (Google)
3. C.I.F. - (Cost, insurance and freight.) Seller owns goods until they are loaded on vessel; selling price includes all costs so far plus cost of ocean marine insurance. (Google)