Protects cannabis businesses from claims, including bodily injury, property damage, personal injury, and other situations like slander and libel.
As a cannabis business owner, you may be legally responsible if a patient suffers personal damage or damage to their property while at your dispensary or due to work performed by you or your employees.
Cannabis businesses may be held liable if a consumer claims harm from their product. This includes physical injuries, illnesses, and adverse effects resulting from the use of cannabis products.
Product liability insurance helps manage these legal responsibilities and mitigates financial risks. It also provides coverage for legal defense costs and settlements or judgments.
Liability - Protects against claims for bodily injury and property damage.
Physical Damage - Covers the cost of repairs or replacement of your vehicle.
Injury - Coverage for medical expenses .
Theft and Vandalism - For losses due to theft or vandalism of the vehicle or cannabis products being transported.
When disaster strikes, having the right property insurance ensures that your cannabis operations can resume quickly.
A well-designed policy helps cover repairs, replace inventory, and provide financial support for lost income and revenue losses.
Protects against damage or loss of crops including:
Protection for your equipment if it gets damaged or lost due to fire, theft and vandalism within your facility.
Equipment coverage is an additional protection that should go hand in hand with your property coverage, and equipment breakdown coverage.
Covers products against loss, damage, or theft while being loaded, transported, and unloaded. It can also cover income loss for non-replaceable cargo, such as a harvested crop. If your product cannot be replaced, the insurance policy can also compensate for lost income.
Coverage for the additional expenses while your business is being repaired or rebuilt. This can include expenses to operate from a different location while your structure is being repaired, or any expense that you would not have incurred if there was no damage.
INSURECannabis
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