CII M90 Practice Questions - Cargo And Goods In Transit Insurances (M90) Exam

Under Incoterms 2020, which rule requires the seller to procure marine cargo insurance for the buyer's benefit as a mandatory default obligation?

FOB (Free On Board) CFR (Cost and Freight) CIF (Cost, Insurance and Freight) EXW (Ex Works)

CIF (Cost, Insurance and Freight)

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