Call 800.265.2625 For Canada’s Best Cannabis Insurance
Get the Marijuana Insurance that is Carefully Cultivated for Your Business
Taking part in the marijuana industry means you have gone through all the hoops and requirements set out by the Government of Canada as well as your province. That takes time and effort. You have all the supplies you need to have a viable product and things are just starting to grow for you. Finally, the laws are changing for marijuana. You are on the verge of a breakout year.
What if, for example, a fire started and as a result all of your equipment went up in smoke? What if a pipe burst and flooded your production location? Do you have the marijuana insurance to help you get back onto your feet?
Our Cannabis Plus Insurance Program is specifically designed to tackle the unique risks your Marijuana Business faces. How? We take the time to understand your operations and therefore we can create a Commercial Cannabis Insurance Package for you. This will finally give you peace of mind knowing you, you business, your employees and your clients are protected.
What Coverage Can you Expect for Your Cannabis Business?
Our package provides protection for a number of different cannabis business situations and risks. We make sure your insurance fits your business needs. With Lackner McLennan and Erb and Erb you have many options.
Basic Commercial Insurance Coverages:
Commercial Property. This provides coverage for your equally important equipment and products, office furniture and computer equipment. Your stock is protected from seedling to final product. This coverage will replace your business possessions lost in a fire, water, theft, vandalism or other kind of situation listed as a peril.
General Liability. This coverage provides protection for your premises against accidental injury or damage to third party property as a result of negligence on your part.
Directors and Officers. This provides protection for directors and officers in case of a lawsuit arising out of corporate decisions made that have resulted in a loss to the company or third parties.
Cyber Liability. This protects your client data in case of hacks, ransomware, and other cyber risks. Find out more about our cyber products here.
Increased Limits. You can have liability limits up to $10 Million dollars and higher production values to ensure your hard work and stock are insured properly.
Specific Coverages to Your Marijuana Operations:
Equipment Breakdown. If a vital piece of equipment for your marijuana business breaks down it will certainly result in your bottom line being affected. This coverage provides help to recover that piece of equipment so your production can resume.
Inland Transit. Protects shipments of your cannabis due to theft, accident or misplacement.
Crime. This covers employee dishonesty situations such as embezzlement or theft of marijuana products.
Product Recall. This provides money to cover the costs of getting a defective product back under your control and reducing the exposure to client harm.
Pollution & Public Liability. Covers costs associated with environmental damage or assessments as a result your cannabis production.
Liability for Human Clinical Trials for Cannabis. Provides protection for your marijuana research, which we know will become more and more lucrative in the coming years.
Tenants Legal Liability. If you rent your production space this coverage protects your landlord’s property from a claim as a result of your operations.
Errors and Omissions. This offers professional liability protection. Sometimes a simple error can happen and, as a result, a lot of damage is caused to an innocent third party. Having this protection means your company can survive a lawsuit that’s come about because of a mistake. Read more about E&O insurance here.
There are many more marijuana insurance options available depending your specific needs. Reach out to us to find out how we can help you grow your business with reduced risk.
Can We Help Your Cannabis Business?
Yes. Whether you cultivate only or produce marijuana in your home, or conduct research and clinical trials we have the coverage to suit your needs. In addition, we have the expertise and knowledge to protect both small or large marijuana operations.
- Grow marijuana in your home?
- Deal with marijuana oil extraction?
- Consult about marijuana?
- Deliver marijuana?
- Mass produce Marijuana?
- Do you own a building with a marijuana business tenant?
We can protect your business, your property, and your clients.
Why Choose Lackner McLennan and Erb and Erb for you Cannabis Business Insurance?
We’ve been in the marijuana insurance game for 8 years where many others are just starting in the business. We have the most experience for the cannabis industry in Canada. Our commitment to you:
- Offer the information and education you need in order to make wise insurance choices
- Communicate with you regularly to address changing needs
- Advocate on your behalf and therefore you receive the best value in insurance coverage
- Provide knowledgeable staff with the expertise to effectively manage all of your insurance needs
- Outstanding claims service including a 24/7 claims response to help guide you through any claim
- Professional integrity, superior products and a commitment to delivering exceptional service
Our Core Values: Integrity Expertise Commitment
Don’t Wait for an Accidental Fire to Send Your Cannabis Product up in Smoke!
It’s easy to get a medicinal marijuana manufacturer insurance quote from Lackner McLennan and Erb and Erb. Just fill out the quote form above or call 800.265.2625.
A commercial insurance expert will guide you through every step, outlining what coverage you can get in order to protect you, your business and your employees. See how we can protect you easily, effectively and affordably!
Lackner McLennan and Erb and Erb provide these informational articles to educate the public about insurance and investment related matters. This article does not substitute for broker advice regarding your specific insurance or investment needs. For a comprehensive strategy to tackle what you, your family, or your business, may need we invite you to speak directly to a broker who can guide you through all the options available to you.