Life Savers is an American brand of ring-shaped hard candy. Its range of mints and artificial fruit-flavors is known for its distinctive packaging, coming in paper-wrapped aluminum foil rolls.he candy's name is derived from its similarity to the shape of life preservers used for saving people who have fallen from boats. After registering the trademark, Crane sold the rights to his Pep-O-Mint peppermint candy to Edward John Noble for $2,900.
CIF Definition: C.I.F., or cost, insurance and freight, is a term of the contract of sale of goods being shipped where the seller pays the cost of the insurance and transport of the goods to the destination; legal delivery occurs when the goods cross the ship's rail in the port of shipment.
A Term of Sale where the seller has the same obligations as under the CFR but also has to procure marine insurance against the buyer's risk of loss or damage to the goods during the carriage. The seller contracts for insurance and pays the insurance premium. The CIF term requires the seller to clear the goods for export. Abbreviation for Cost, Insurance, Freight. (Named Port) Same as C&F or CFR except seller also provides insurance to named destination.