A seller is arranging insurance for a shipment sold CIP Incoterms 2020. The seller has tried several times to obtain information from the buyer regarding the coverage required. Time has run out and the seller must provide this information to the freight forwarder to prepare the insurance certificate. 

What coverage is the seller required to obtain on the buyer's behalf?

Answer rating: 100% (QA)

In a CIP Carriage and Insurance Paid To transaction under Incoterms 2020 the seller i... View the full answer