The cornerstone of our package program’s success is our all-encompassing understanding of the cannabis and hemp industry. Our program was built and tailored to fit the specific needs of industry businesses by experts that understand cannabis and hemp risks.
Package Program – Quick Facts
- Carrier A.M.Best Ratings: “A- or Greater”
- Target States: In All States Where Cannabis and Hemp are Legal
- Minimum Premium: $750
- Mono-line Coverages: Available
- Defined Service Standards
- Non-Admitted and Admitted (Specific States)
Target Classes
- Cultivators
- Dispensaries
- Extractors/Processors
- Product Manufacturers
- Testing Laboratories
- Landlords
- Ancillary Businesses – including, but not limited to, Security Firms, Law Firms, Consultants and Transport Companies
Coverages
- “All Risk” Property
- General Liability
- Products & Completed Operations
- Product Withdrawal Expense
- Excess Liability
- Professional Liability
- Property in Transit
- Live Plant Coverage
Limits
- $1M/$2M on GL with Optional Excess up to $4M
- $2M/$4M on Products & Completed Operations
- $5M/$5M GL & PR Primary (Additional Limits on XS Outside Program)
Requirements
- Startups Are Eligible
- Completed Application
- Currently Valued Loss Runs