Providing all Forms of Insurance to the Cannabis Industry
iCann Insure utilizes the industry's leading resources and insurance carriers to provide a broad range of coverage, reducing the risk of financial loss to our clients resulting from property and casualty damages.
General Liability: Insurance coverage that protects against both bodily injury and property damage liability claims arising out of premises, operations, products, and completed operations, as well as advertising and personal injury exposures.
Excess Liability: Insurance coverage that provided additional limits, exceeding those of the underlying liability policies.
Products Liability: Insurance that provides protection from bodily injury or property damage claims resulting from defective products that have been manufactured or sold.
Property Insurance: Insurance that protects a property owner for loss of covered property or loss of income resulting from damage to covered property. This includes both real property (buildings), as well as business personal property (contents).
Crop Insurance: Insurance for growers that covers plants in-process, seeds, clones, vegetative, flowering, harvest, and finished stock.
Equipment Breakdown: This insurance covers a loss due to mechanical or electrical breakdown of nearly any type of equipment. Coverage applies to the cost incurred to repair or replace the damaged equipment or property caused by the equipment breakdown. This also includes loss of Business Income and Extra Expense from such an event, Data Compromise, and Reputation Recovery.
Business Auto: Insurance that covers a company for the use of its vehicles during the course of business. This may include company-owned vehicles, hired or non-owned vehicles, leased vehicles, or employee-owned vehicles.
Cargo Insurance: Specific to the cannabis industry, this insurance covers property in transit, as well as money and securities.
Workers Compensation: Insurance, required by law in many states, to be carried by employers, which provides compensation to those employees who have been injured at work or who have contracted an occupational disease. Workers compensation is available for all cannabis class codes and is available in all legal cannabis states.
Directors & Officers Liability: Insurance that covers directors and officers for claims made against them while serving in such a capacity. It protects against claims resulting from managerial decisions that result in financial consequences.
Professional Liability/Errors & Omissions(E&O): Protects an insured from claims arising out errors or omissions when performing their professional services. This typically applies to financial losses. E&O and Professional Liability are often used as interchangeable terms.
Cyber Liability/Data Breach: Insurance policy or endorsement utilized to protect an insured from electronic and internet based risks, such as: loss to electronic data, privacy breach, network security, cyber extortion, electronic media liability, and sometimes Errors & Omissions
Employment Practices Liability(EPLI): Protects an employer against claimed injury arising out of the employment process, claims such as discrimination, sexual harassment, wrongful termination, breach of employment contract.
iCann Insure offers a broad suite of comprehensive coverage options. Please call or email us to review your specific needs.
Insurance is available in all states where hemp, CBD, medical and/or recreational marijuana is legal: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Montana, Nevada, New Hampshire, New Jersey, New York, New Mexico, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Dakota, Texas, Vermont, Virginia, Utah, Washington, and West Virginia.
Cultivation, Processing, Intellectual Property / R&D, Manufacturing, Laboratory Testing, Distribution, Transportation, Dispensary & Provisioning