Package

Property

Coverage Highlights

• Commercial property ISO forms
• Minimum premium $500
• No sub limit for cannabis inventory when on the premises
• Outdoor business personal property is approved
• No maximum number of locations

Approved Classifications

• Cultivators
• Processors/Harvesters
• Manufacturers
• Wholesale Distributors
• Transporters
• Dispensaries
• Retailers
• Non-Storefront Delivery
• Laboratories
• Lessor’s Risk (LRO) / Building Owners
• Ancillary Businesses

Coverage Options

• Real Property
• Business Personal Property
• Cannabis Inventory
• 3rd Party Care Custody Control (distributors only)

Limits

• Coverage limits up to $40,000,000 per location (Combined Property and Crop TIV )

Deductibles

• $2,500
• $10,000
• $50,000

Endorsements

• Commercial Property Endorsement Premiums
  • Form A – $1,000.00 per location
  • Form B – $1,500.00 per location
  • Form C – $2,000.00 per location

• Commercial Property Endorsement – Coverage Summary
  • Accounts Receivable
  • Employee Dishonesty
  • Money & Securities
  • Property in Transit
  • Property Off-Premises
  • Spoilage
  • Valuable Papers and Records
  • Outdoor Property (Fencing, Signs)
  • Outdoor Property (Trees, Shrubs, Plants)
  • Personal Effects of Others

 

Package Submission Requirements (Property, Crop, General Liability, Excess Liability, Product Liability) – Submitted through Portal

• CannGen Package Application V4.3
• CannGen Package Per Risk Questions
• Loss Runs (If Applicable)

 

Additional Overflow Schedules/Forms (If Applicable):

• CannGen Package Location Schedule
• CannGen Package Additional Interests Schedule
• CannGen Package Additional State Gross Sales Schedule
• CannGen Property Endorsement Forms (Reference page)

Property Product Flyer
 

Crop

Coverage Highlights

• Coverage capacity up to $40,000,000 per location
• Indoor Plants In-Process (only)
• Customizable plant life-cycle solutions
• Minimum Premium $500

Coverage Options

• Seeds
• Seedlings / Clones
• Vegetative Plants
• Flowering Plants
• Harvested Plants
• Finished Stock

Limits

• Combined Property and Crop TIV $40M per location

Deductibles

• $2,500
• $10,000
• $25,000

Approved Classifications

• Cultivation Operations
• Cannabis
• Hemp
• CBD
• Indoor and Greenhouse

 

Package Submission Requirements (Property, Crop, General Liability, Excess Liability, Product Liability) – Submitted through Portal

• CannGen Package Application V4.3
• CannGen Package Per Risk Questions
• Loss Runs (If Applicable)

 

Additional Overflow Schedules/Forms (If Applicable):

• CannGen Package Location Schedule
• CannGen Package Additional Interests Schedule
• CannGen Package Additional State Gross Sales Schedule
• CannGen Property Endorsement Forms (Reference page)

Crop Product Flyer
 

General Liability

Coverage Highlights

• Occurrence Form (CG-ASO)
• A rated carrier
• Multiple rating basis options
• Minimum Premium $500

Coverage Options

Limits

• $1,000,000 / $1,000,000
• $1,000,000 / $2,000,000
• $2,000,000 / $2,000,000

Deductible

• $2,500

Endorsements

• Pesticide & Herbicide Applicators (WA)
  • $50,000 Occurrence/Aggregate
  • $250,000 Occurrence/Aggregate
• HNOA Endorsement $1,000,000
• Additional Insured Certificates
• Vendor Certificates
• Waiver of Subrogation
• Primary & Non-Contributory Wording

Approved Classifications

• Cultivators
• Processors/Harvesters
• Manufacturers
• Wholesale Distributors
• Transporters
• Dispensaries
• Retailers
• Non-Storefront Delivery
• Lessor’s Risk (LRO) / Building Owners
• Ancillary Businesses

  

Package Submission Requirements (Property, Crop, General Liability, Excess Liability, Product Liability) – Submitted through Portal

• CannGen Package Application V4.3
• CannGen Package Per Risk Questions
• Loss Runs (If Applicable)

 

Additional Overflow Schedules/Forms (If Applicable):

• CannGen Package Location Schedule
• CannGen Package Additional Interests Schedule
• CannGen Package Additional State Gross Sales Schedule
• CannGen Property Endorsement Forms (Reference page)

General Liability Product Flyer
 

Excess Liability

Coverage Highlights

• Occurrence Form
• Coverage limits up to $4,000,000
• Minimum Premium $1,000 (per layer)

Notes:

• Excess Liability is following form over the General Liability only
• Excess Liability does not extend over the HNOA endorsement

Coverage Options

Limits

• $1,000,000
• $2,000,000
• $3,000,000
• $4,000,000

Approved Classifications

• Cultivators
• Processors/Harvesters
• Manufacturers
• Wholesale Distributors
• Transporters
• Dispensaries
• Retailers
• Non-Storefront Delivery
• Lessor’s Risk (LRO) / Building Owners
• Ancillary Businesses

 

Package Submission Requirements (Property, Crop, General Liability, Excess Liability, Product Liability) – Submitted through Portal

• CannGen Package Application V4.3
• CannGen Package Per Risk Questions
• Loss Runs (If Applicable)

 

Additional Overflow Schedules/Forms (If Applicable):

• CannGen Package Location Schedule
• CannGen Package Additional Interests Schedule
• CannGen Package Additional State Gross Sales Schedule
• CannGen Property Endorsement Forms (Reference page)

Excess Liability Product Flyer