CPT CARRIAGE PAID TO INCOTERMS EXPLAINED

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Carriage paid to (CPT) is an international trade term which means that the seller delivers the goods at their own expense to a carrier or another person nominated by the seller.

This is unlike FCA…where the carrier was appointed by the buyer.
When will risk pass to buyer?
The risk relating to the goods while being transported transfers from the seller to the buyer as soon as the goods have been delivered to the carrier.

The seller is responsible for arranging freight to the destination, and not insuring the goods shipment when it is being transported.
If the truck carrying the goods to the airport encounters an accident in which the goods are damaged, the seller is not responsible for damages if the goods are not insured. The seller’s responsibility in relation to the goods end if the goods have been delivered to the carrier