Cannabis Business Insurance

Our property loss solutions include:

 

Stock coverage (biological assets) with monthly reporting

As licensed production of cannabis increases, inventory fluctuations are common. Monthly reporting ensures that accurate limits are insured to value. The Cannabis Act requires Licensed Producers (LPs) to report inventory, making numbers for monthly reporting readily available.

 

Contamination coverage

LPs can experience massive setbacks if unintentional alteration of stock or the introduction of foreign material or pathogens into their biological assets occurs. We can offer coverage options to protect your cannabis products from these exposures.

 

Infestation coverage

If insects or vermin render your product unfit for its intended utilization, as determined by a government authority, you will need protection from this potential loss.

We also offer cannabis coverage solutions for:

  • Broad form building and equipment
  • Business interruption, including loss of profits
  • Property in transit and cargo coverage
  • Equipment breakdown coverage, including production machinery and stock spoilage
  • Buildings under the course of construction or renovation

Let’s discuss your cannabis business needs