• Call us: (888) 751-3141
  • Email: cannapp@CannGenins.com

CannGenPRO – Management Liability

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

 

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

 

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

 

Ineligible Risks

  • Public companies
  • Assets greater than $500M (referral only)
  • Employee Count greater than 250 (referral only)
  • Non-US/CAN domiciled risks

CannGenPRO – Management Liability Flyer