Cannabis, CBD and Hemp D&O and EPL

Offered by CannGen Insurance Services, LLC

Cannabis CBD Hemp Marijuana D&O Directors & Officers EPL Management Liability Wholesale Distributors Employment Practices Liability

Description

CannGenPRO (CannGen's new Management Liability Division) offers D&O & EPL coverage in all states that is tailored to the unique needs of the cannabis, CBD and hemp industries.  Trust the experts! 

PRODUCT HIGHLIGHTS
• Private Company D&O and EPL
• Market leading modular forms designed specifically for cannabis, CBD & hemp clients
• Risk management services for CannGenPRO policyholders
D&O:
• Full Side ABC coverage
• Broad cannabis regulatory coverage
EPL:
• Third party liability included
• Wage & Hour defense sub-limit by endorsement

APPROVED CLASSIFICATIONS
• Cultivators
• Processors / Harvesters
• Manufacturers / Extractors
• Wholesale Distributors
• Transporters
• Dispensaries
• Retailers
• Non-Storefront Delivery
• Ancillary Businesses

APPETITE/ELIGIBILITY CRITERIA
• Business is domiciled and operates exclusively in legal cannabis, CBD & hemp states
• Start Ups / New Ventures acceptable
• Capital / Funding raises
• 51% or more of total revenue must derive from cannabis, CBD & hemp
• All classes including ancillary service providers
• Asset sizes up to $500M
• Employee count up to 250

COVERAGE OPTIONS
• Primary coverage
• Limits Up to $5M aggregate
• Separate or combined D&O/EPL
• Duty to defend form with deductible
• Duty to indemnify form with self-insured retention
• Prior acts coverage available
• No Controlled Substance Act exclusions
• Side A carve-backs for certain exclusions
• Manuscript endorsement options by referral


Details

$5M Maximum Limit

Has Pen

Appointment Required

Carrier Information

Non-Admitted

Rating A- VII

Rating By AM Best

Offered By

CannGen Insurance Services, LLC

15 listings in 50 states + DC

View Company

Availability 50 states + DC

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Covered

Not Covered

Share This Listing

Contact This Company