We are dedicated to helping you select the relevant and often critical insurance products. Operators in the cannabis and hemp industries have distinct and complex insurance needs, in addition to those which are common to conventional businesses. General Liability, Product Liability, Workers Compensation, Crop, and Property exposures are all significant concerns that, if not addressed, can cost a cannabusiness its livelihood.
Equally as important in today's environment are coverages such as: Employment Practices Liability (EPLI), Cyber Liability & Data Breach, Directors & Officers (D&O), and Professional Liability. It is our steadfast objective to provide you the right policies at the right price. Contrary to popular belief, insurance for cannabis risks does not need to be an expensive proposition.
However, it does need to cover you properly. The most expensive insurance policy is the one that does not cover you in the event of a loss. Please read that last sentence again. All businesses are not created equal.
Equally as important in today's environment are coverages such as: Employment Practices Liability (EPLI), Cyber Liability & Data Breach, Directors & Officers (D&O), and Professional Liability. It is our steadfast objective to provide you the right policies at the right price. Contrary to popular belief, insurance for cannabis risks does not need to be an expensive proposition.
However, it does need to cover you properly. The most expensive insurance policy is the one that does not cover you in the event of a loss. Please read that last sentence again. All businesses are not created equal.
Services
Respected for strong industry knowledge, risk management services, and unparalleled integrity, iCann Insure's parent company has been committed to writing hard-to-place risks for more than 70 years.
Our purpose is to help you evaluate your risks and provide the tools you need to make a solid choice about the financial products best suited to help protect your investments.
Since 2008, Adam Patt has served in leadership roles as President for both iCann Insure, LLC and Maxam Assurance Agency.
With over 20 years of experience, Adam's industry knowledge and attention to detail has earned his agencies multiple insurance awards for Best-Practices and Best-In-Class.
Our purpose is to help you evaluate your risks and provide the tools you need to make a solid choice about the financial products best suited to help protect your investments.
Since 2008, Adam Patt has served in leadership roles as President for both iCann Insure, LLC and Maxam Assurance Agency.
With over 20 years of experience, Adam's industry knowledge and attention to detail has earned his agencies multiple insurance awards for Best-Practices and Best-In-Class.
Whether you grow, process, develop or manufacture, distribute, transport, prescribe, or dispense, we will help you obtain coverage.
Cannabis, as an emerging market, is full of new ground-breaking business ideas, intellectual property, products, and services that are blossoming daily.
We understand this completely.
So, if you do not see your line of business listed here, don't sweat.
Call or email us to discuss your needs.
We are proficient and have decades of experience matching unorthodox risks with quality insurance solutions.
Cannabis, as an emerging market, is full of new ground-breaking business ideas, intellectual property, products, and services that are blossoming daily.
We understand this completely.
So, if you do not see your line of business listed here, don't sweat.
Call or email us to discuss your needs.
We are proficient and have decades of experience matching unorthodox risks with quality insurance solutions.
There are a vast number of uncertainties that may give rise to a claim, such as common bodily injury allegations, third party property damage, or property loss due to fire or theft.
A dispensary may also be held liable by a third party for defective products that have been sold.
Therefore, it is important to consider the potential risks that can disrupt or compromise your business, in order for you to select the coverage that best protects your interests.
Even if a claim is put to rest, the legal defense costs involved to do so can be devastating.
A dispensary may also be held liable by a third party for defective products that have been sold.
Therefore, it is important to consider the potential risks that can disrupt or compromise your business, in order for you to select the coverage that best protects your interests.
Even if a claim is put to rest, the legal defense costs involved to do so can be devastating.
Even if a claim is put to rest, the legal defense costs involved to do so can be devastating.
Therefore, it is important to maintain proper General Liability coverage that includes defense, should the need arise.
It is not uncommon for this coverage to be required by landlords, as well as the State or municipality.
Product Liability insurance provides protection from bodily injury or property damage claims resulting from defective products that have been manufactured or sold.
Businesses that deal with either producing or selling finished products are open to these exposures.
Therefore, it is important to maintain proper General Liability coverage that includes defense, should the need arise.
It is not uncommon for this coverage to be required by landlords, as well as the State or municipality.
Product Liability insurance provides protection from bodily injury or property damage claims resulting from defective products that have been manufactured or sold.
Businesses that deal with either producing or selling finished products are open to these exposures.
The first priority to most landlords is property insurance - to safeguard their real property investment should disaster strike.
However, landlords with tenants in the cannabis industry may be facing significant risks that they do not even know exist, such as liability claims that may be brought against you as lessor/property owner, as well as standard or prohibitive policy language.
Standard insurance policies contain strict policy exclusions pertaining to marijuana-related businesses.
Therefore, if you have purchased or are looking at a standard lessor's risk policy with this exclusion, while renting (or intending to rent) space to a tenant in the cannabis industry, that insurance carrier can both reject your claim and cancel your policy, ultimately leaving you high and dry when you are in need of your insurance coverage most.
However, landlords with tenants in the cannabis industry may be facing significant risks that they do not even know exist, such as liability claims that may be brought against you as lessor/property owner, as well as standard or prohibitive policy language.
Standard insurance policies contain strict policy exclusions pertaining to marijuana-related businesses.
Therefore, if you have purchased or are looking at a standard lessor's risk policy with this exclusion, while renting (or intending to rent) space to a tenant in the cannabis industry, that insurance carrier can both reject your claim and cancel your policy, ultimately leaving you high and dry when you are in need of your insurance coverage most.
Reviews
Be the first to review iCann Insure.
Write a Review
