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Showing posts with the label Cannabis Contamination Insurance

CHES Special Risk introduces new insurance solution for cannabis businesses

  CHES Special Risk  is adding new capacity to its insurance solutions for cannabis businesses, creating a more comprehensive offering that covers more exposures. The managing general agent is now offering property and product Cannabis Contamination Insurance to its insurance suite for cannabis business owners. “The timing is perfect for the release of this product as some insurers that were in the market previously, are pulling out,” said CHES Special Risk president and CEO Gary Hirst. “This gives brokers the opportunity to provide much-needed insurance solutions to their policyholders. All from the same provider, in four different risk areas in which the industry operates.” The full suite of cannabis insurance products that brokers can access through CHES Special Risk are: Property coverage Commercial general liability coverage Product liability coverage Product contamination coverage Construction of a cannabis facility According to CHES, these pr...