Cannabis and Hemp Package Programs · 2019-12-12 · When industry leaders need an insurance...

When industry leaders need an insurance expert, they call Cannasure.

The cornerstone of Cannasure’s Package Program’s success is our solid understanding of the cannabis and hemp industry.

Our package programs have been built from the ground up - tailored for the industry’s specific requirements by experts

that know and understand cannabis and hemp risks. For over 10 years, Cannasure has been at the forefront of providing

retail agents leading-edge solutions for the cannabis and hemp business.

Cannabis and Hemp Package Programs

Built exclusively for the Cannabis and Hemp Industry

Kieran J. O’Rourke - Director of Underwriting | korourke@cannasure.com | 800.420.5757 | cannasure.com

PACKAGE PROGRAMS - QUICK FACTS:

• Carrier A.M.Best Ratings: “A- or Greater”

• Target States: In all States where cannabis and hemp are legal

• Minimum Premium: $2,500

• 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

LIMITS:

• $1M/$2M on GL With Optional Excess up to $2mm

• $1M/$2M on Products & Completed Operations

REQUIREMENTS:

• Startups Are Eligible

• Completed Cannasure Application

• Currently Valued Loss Runs