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A method of obtaining global blanket cargo insurance might come from soliciting large international insurance brokerages, who may be able to provide a flat or relatively fixed rate for cargo insurance based on their estimation of risk of any individual agencies’ activities. Global cargo insurance might end up being slightly more expensive per kg, but saves substantial amount of time identifying insurance solutions for every transport. The specifics of a global insurance plan would be negotiated based on the need of the requestor. As an example, if an aid agency maintains a large fleet of self-managed cargo vehicles in many high-risk countries, there may be a need to develop a high annual global premium to cover all risks associated with cargo movement. On the other hand, if an aid agency is largely only doing international transport using regular carriers, then insurance may be issued on a case by case basis.

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SellerCustomsLoadingCarriageNamed PlacePortVesselPortNamed PlaceCarriageCustomsUnloadingBuyer

EXW

Ex Works

Seller Buyer                           
Seller Buyer                           
Seller Buyer                           

FCA

Free Carrier

Seller Buyer                           
Seller Buyer                           
Seller Buyer                           

CPT

Carriage Paid To

Seller Buyer                           

 Buyer                           
Seller Buyer                           

CIP

Carriage Insurance Paid

Seller Buyer                           
Seller Buyer                           

Seller Buyer                           

DAP

Delivery At Place 

Seller Buyer                           
Seller Buyer                           
Seller Buyer                           

DPU

Delivery at Place Unloaded

SellerBuyer
Buyer
SellerBuyer
Buyer
SellerBuyer
Buyer

DDP

Delivery Duty Paid

SellerBuyer
SellerBuyer
SellerBuyer














FAS

Free Alongside Ship

SellerBuyer
SellerBuyer
SellerBuyer














FOB

Free On Board

SellerBuyer
SellerBuyer
SellerBuyer














CFR

Cost and Freight

SellerBuyer
SellerBuyer
SellerBuyer














CIF

Cost, Insurance and Freight

SellerBuyer
SellerBuyer

SellerBuyer

Mode of Transport

A mode of transport is the means by which goods and material are transferred from one point to another. The basic modes of transport are:

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