Insurance, a necessary evil or an essential part of daily life? This is surely the kind of question that goes through the mind of any business owner, especially one who is involved in a business as inherently risky as cannabis cultivation. No matter your thoughts on the matter, insurance is something that is essential in today’s world.
No business can afford to be uninsured and take the risks associated with potentially losing all of your inventory, equipment and hard-earned cash. At this point, you are probably asking yourself if it’s possible to get cannabis cultivation facility insurance and the answer is yes, it’s actually quite a bit easier and more affordable than you think. With our years of insurance experience, Kine Bud will guide you through the process to help you fully understand the coverage options available to you and your business.
This is insurance that is specifically designed to cover your needs as a legal marijuana supplier.
While there are other insurers out there, Kine Bud is able to provide legal marijuana growers with multiple coverage options tailored to offer exactly what you need.
We can provide marijuana crop insurance for plants in three stages of growth, from seed to sale. The stages are:
Among others, coverage is available against the following potential dangers:
If you need coverage against an event that isn’t listed, just ask us and we’ll do our best to tailor the solution to your specific business needs.
Marijuana growers insurance is not something you will be able to find just anywhere. Marijuana plant insurance coverage is a specialized form of insurance, and you will need to make sure that the policies you consider will adequately cover your needs. In addition, you need to get the price in writing to ensure that you are fully aware of all the ins and outs of marijuana crop insurance.
Due to the nature of this business, security features such as alarms and video security systems are required, and it is critically important that these security precautions be maintained at all times.
All of these details can be handled for you by Cannasure, as we understand that business is complicated enough already without having to worry about the legal implications of your insurance.
There are several underwriting requirements that you must pass before a policy will be issued. These are the three basic components: