Cannabis and Hemp Package Policies with Veracity Insurance
DATE:
General Liability
- Occurrence Form
- Primary Limits $1,000,000 / $2,000,000
- Lessor’s Risk
- Additional Insureds
- Assault and Battery
- Hired and Non-owned Auto
- Primary and Noncontributory
- Waiver of Subrogation
Property
- Primary or Excess
- $10,000,000 Limit Per Location
- Additional $15,000,000 Excess
- Business Income Coverage (Stated Limit/Agreed Value)
- Cannabis Finished Stock/Inventory
- Equipment Breakdown
Product Liability
- NO cannabis or Impairment Exclusion Endorsement
- Vape and Foreign Products Coverage
- Claims-Made Form
- Primary Limits $1,000,000 / $2,000,000
- Limits up to $5,000,000
- Product Withdrawal Coverage (Limits: $100,000/$250,000)
- Defense Inside the Limits
- Additional Insured
- Blanket Vendor Additional Insured
Crop & Cargo
- Indoor & Greenhouse
- $10M limit
- ACV Stated Value Basis
- $1,000,000 Limit (Higher Upon Approval)
- Cannabis Cargo
- Cash/Securities
- Cross-State Transport for Hemp
