The seller is responsible for insurance from own warehouse to that of the buyer at the destination point. This policy is called “warehouse to warehouse” marine policy. The policy is taken in the sellers’ name and the claim is negotiated by the buyer, generally through a claims settling agent at the destination place in his own country. The seller is responsible to arrange insurance on warehouse-to-warehouse basis protecting the interests of both the seller and the buyer. Title and risks pass to the buyer when goods have been delivered aboard the ship at the loading point. Buyer supports the entire risk of transportation. CIF includes Cost, Freight and Insurance as the term provides.