Bennabis took a different approach to cannabis insurance and the results are better coverage at lower rates. Bennabis has teamed up with AAIS, a national insurance advisory association that has been providing best in class forms, rules and rating information to the property and casualty marketplace for over 80 years.
Bennabis integrates AAIS’s NEW CannaBOP program into its offerings. CannaBOP is a first-of-its kind business owners’ insurance policy specifically tailored to the exposures of businesses in the cannabis industry. The CannaBOP Program incorporates unique cannabis-related insurance coverage language and includes many new endorsements created to address the unique collection of risks associated with the cannabis industry.
This insurance coverage protects your operation against third-party claims for injuries to others which occur on the premises. This insurance coverage is likely to be a prerequisite to obtaining a cannabis business license.
This insurance coverage protects you from damage to your property arising from any covered peril except those specifically excluded.
This insurance coverage protects against bodily injury and property damage claims by consumers who are injured by your products.
This insurance coverage protects your living plants growing in a controlled indoor operation, from a covered peril.
Stock & Inventory, Including Goods-In-Process
This insurance coverage protects your products that have gone past the growing stage and entered the processing stage – curing, packaging or completed and ready for sale.
This insurance coverage protects the breakdown of your equipment caused by a covered peril, the cost to repair or replace it, and damage to any other property that was caused by the breakdown.
This insurance coverage protects you against loss of income when a covered loss impacts your business.
This insurance coverage protects you when you are the victim of crimes such as robbery, theft, forgery or embezzlement.
This insurance coverage protects your products while in transit.