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-According to Incoterms 2010 rules, minimum insurance cover should be at least the price provided in the sales contract plus 10% and shall be in

-According to Incoterms 2010 rules, minimum insurance cover should be at least the price provided in the sales contract plus 10% and shall be in the currency of the contract. In order to calculate the minimum insurance cover, first of all we have to find the CIF value of the goods.

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