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Cargo insurance is an insurance covering cargoes carried by ships, aircraft, or other forms of transport. On an FOB contract the responsibility for insuring the goods for the voyage rests with the buyer. The seller's responsibility ends once the goods have been loaded onto the ship or aircraft (or train in the case of FOR contracts). On a c.i.f. contract, insurance is the responsibility of the seller up to the port of destination. On a c & f contract, the seller arranges the shipment and pays the freight but the buyer is responsible for the insurance during the voyage (as in an FOB contract).
 Research Cargo Insurance
FOB is an abbreviation for Free On Board
FOB is an abbreviation for Full Of Bull
FOB is an abbreviation for Forward Operating Base
FOB is an abbreviation for Freight On Board
Research FOB
Kettle and hob is London Cockney rhyming slang for Bob.
Kettle and hob is London Cockney rhyming slang for fob.
Research Kettle And Hob
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The Probert Encyclopaedia was designed, edited and programed by
Matt and Leela Probert
©1993 - 2009 The Probert Encyclopaedia
Southampton, United Kingdom
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