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CIF + 10% stands for:
C = Cost/invoice value (purchase cost if your client is the buyer, or selling price if they are the seller)
I = Insurance premium
F = Freight and related charges (e.g., customs clearance)
The +10% is an added buffer to cover unexpected costs, such as currency fluctuations or additional freight charges. This ensures your client is fully indemnified, including potential reshipping expenses.
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