With the fast paced and evolving market trends of our modern society and economy, businesses need to have the flexibility and peace of mind to concentrate on their products and customers. Marijuana infused products and oils, wax and tinctures are becoming more and more mainstream, which is leading to new competitive threats occurring with alarming regularity. Then, when you throw in the fact that most normal insurance policies won’t cover non-FDA approved therapies, you can see that there is a huge business risk if something happens to your product during the manufacturing process.
No business is going to be able to handle a major loss of products without serious financial implications and insurance is something that needs to be seen as an integral part of doing business instead of just another additional expense.
What Is Medical or Recreational Marijuana Insurance?
This is an insurance policy that is specifically formulated to cover you and your edible marijuana infused products. With a specific focus on medical and recreational marijuana edibles, we understand the important of being insured against any and all eventualities.
We have extensive knowledge in working with:
We provide our customers with sound advice based upon our industry knowledge and experience and the many issues surrounding it. We strive to provide flexible options for the various types of businesses we deal with. We draw upon our risk management surveys to assist with formulating an insurance plan that takes your needs and concerns into consideration while meeting all of your expectations.
Who Can I Get Insured With?
We at Cannabis Insurance Los Angeles can provide you with the peace of mind that you require in order to focus your energies on maintaining your successful business. We have a number of relationships with carriers who provide marijuana insurance, which allows us to provide you with a tailored solution that is relevant and unique to your business.
What Type Of Coverage Is It?
We provide true product liability insurance with the express goal of ensuring that your marijuana infused products are sufficiently covered in the event of something untoward happening. Please note that as with all other insurance products, there are certain terms and conditions, which have to be met in order for your medical marijuana insurance policy to remain valid and for you to be able to make a claim.
What Do I Need To Qualify For This Insurance?
There are a number of things that you will need to ensure are in good working order and meet the required standards for the insurance policy. All of this will be discussed with you and a full breakdown of the terms and conditions will be provided for your reference. Please bear in mind that these pre-requisites need to be maintained to a certain standard to ensure that the policy remains in force and that you are adequately covered.
Let Cannabis Insurance Los Angeles help you choose a policy that will fit your individual needs. Protecting your assets, whether personal, business, or both, is our goal. A well-chosen policy can lessen the impact of some of life’s most common, yet unforeseen perils. We’re here to help when you are considering coverage for your Marijuana business.
