Topical CBD/Hemp Insurance

 

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$1 Million Occurrence
$2 Million Product Liability
$2 Million Aggregate Limits
 

Canopy and CBD/Hemp Insurance

The CBD/hemp industry is quickly evolving and expanding to new heights. Whether you manufacture, distribute, or sell infused CBD/hemp products, you need a well-versed agent who is familiar with the changing industry.

Protecting your business with CBD/hemp insurance can mitigate losses you may incur during business operations. While many insurance companies will turn down coverage for CBD/hemp retailers, manufacturers, and distributors, we pride ourselves on providing insurance coverage for non-ingestible, topical products that fall within the legal limits of 0.3% THC. Products include skin care, balms, lotions, and more.

 

Product Liability Coverage
Product liability coverage may cover you for a variety of claims, such as defective manufacturing, defective design, and defective warning/instruction.
General Liability Coverage
General Liability may cover you for a variety of claims you are legally liable to pay for, such as bodily injury, property damage, and personal injury.
Tailor Your Coverage as You Grow
With CBD/hemp products expanding to beauty aisles, stores, and online shops, you need insurance that can keep up with your operational growth.


CBD/Hemp Insurance Highlights

  • In-house Underwriting
  • 24-48 Hour Quote Turnaround
  • Low Minimum Premiums
  • $1 Million Occurrence/$2 Million Product Liability/$2 Million Aggregate Limits
  • Additional Insured Vendors Endorsements Included
  • Low Deductible Options
  • Worldwide Coverage
  • Limits up to $50 Million
  • Inland Marine Coverage
  • Hired/Non-Owned Auto Coverage
  • Employee Benefits Liability
  • Trade Show Coverage
  • Product Withdrawal Coverage

Eligible: Topical hemp & CBD products – Non-ingestible, must not contain more than 0.3% THC

 
Questions About CBD/HEMP Insurance

Choosing the right insurance is critical. You can’t afford gaps in your coverage that could put you out of business.

What is CBD/Hemp Insurance?

CBD/hemp insurance safeguards your business if you are sued because of your operations. You may be held financially liable for injuries, allergic reactions, or damages arising from the CBD/hemp products your business manufactures, distributes, or sells.

Legal costs can be financially devastating, even if you aren’t found liable by the court. With the right CBD/hemp insurance coverage, you'll have the support you need if something goes wrong.

Why Should I Have CBD/Hemp Insurance?

CBD/hemp insurance is essential to add to your company’s risk management strategy. With the help of insurance, you can financially safeguard your business if you’re faced with a third-party lawsuit.

How Much Is CBD/Hemp Insurance?

Your CBD/hemp insurance coverage will be tailored to meet the needs of your business. The price depends on a variety of factors, such as the size of your business, sales revenue, coverage amount desired, and much more. When you complete an online application, you will receive a quote within 24-48 hours and one of our licensed agents can assist with further questions.

 
Need additional information before making a decision?
Give our team a call today at
888-600-0894