Incoterms® 2020 Webinar. International Commercial Terms were created to facilitate international trade. But without a good understanding of the terms, the Incoterms® you are using may be putting your company at risk and adding unnecessary costs. It’s important that you understand which Incoterms is best for your company. Take this class to understand who is responsible for insurance and when the transfer of risk moves from the Seller to the Buyer.