Cannasure Medical Marijuana Dispensary Insurance
Is It Necessary?
Do I really need insurance to protect my medical marijuana corporation? Is it necessary? What are the advantages of having insurance? Is it worth it to pay for insurance? Most clients ask these questions when coming in for a consultation. We provide them with simple, straightforward answers.
If something were to happen to your business or your medicine to destroy it, including a fire or theft, would you be ready to pick things back up and get your business started again without monetary stress? We always get the same answer: “No.”
Thinking about it realistically, you should keep in mind that anything can happen at any time. People don’t usually believe that any of those things are likely, until something actually happens to them or their businesses. That’s why you need medical marijuana dispensary insurance. You need to protect yourself and your business from losing money in the event of a misfortune.
Basic Medical Marijuana Dispensary Insurance Coverage
We can provide you with all of the protection you need, without putting you at risk if your business undergoes some type of misfortune. All businesses need to have proper insurance. This does not exclude your medical marijuana dispensary, which should be safe and secure with the right protection.
Many people assume that medical marijuana dispensary insurance is very expensive and unattainable. This is a very common misconception. Medical marijuana industry insurance is actually very reasonably priced. You can get general liability of $1 million, property protection up to $100,000 and coverage for $25,000 of medicine for a surprisingly low cost. All of these make our medical marijuana dispensary insurance coverage comprehensive. This will help your business stay on its feet, should some type of calamity or unfortunate event arise.
General Liability
We can offer you general liability insurance protection up to $1 million. This will help your company protect itself inclusively. This includes damages and injuries. This is especially important when it comes to finding a good medical marijuana dispensary insurance plan.
Property Protection
Protecting your business’s property is very important. It isn’t rare that you hear of businesses losing everything due to some kind of disaster. A fire, flood or robbery can make any company go bankrupt at any point in time.
We can provide you with property protection up to $100,000. Some people don’t have medical marijuana dispensary insurance coverage and realize that they should have set up a plan. Unfortunately, a number of companies only learn this after all of their properties are damaged. Getting a medical marijuana dispensary insurance plan will help you get back on your feet much quicker and much more easily in the event of property damage.
Medicine Coverage
You all know how expensive medicine can be, especially when it comes to drugs that are not easily attainable legally. All kinds of medicine are stolen daily because they are so expensive, and also because, for some people, they have no other legal means of obtaining them.
Cannasure can give your medical marijuana dispensary insurance coverage that also covers the cost of medicine up to $25,000. This means that, in the event that your business loses drugs due to theft, a fire, or other problem, we are ready to pay twenty five grand to compensate for your losses. This is extremely important, because there have been numbers of cases of missing medical marijuana due to its expense and infrequent availability.
Income Insurance
Do you know anyone who has lost a large amount of money because they weren’t able to work after some type of disaster or accident? Did they have income insurance? Did it give them some type of compensation for their inability to carry on with their job or business?
At Cannasure, we don’t only provide coverage for liability, medicine and property. With our medical marijuana dispensary insurance coverage, we also deliver insurance for your business’s income and additional expenditures. This is similar to all other businesses, not just those that deal with medical marijuana.
When we talk about business income, we mean the net income that wouldn’t have been interrupted if your business hadn’t suffered a flood, fire, theft or other mishap. This can also include the losses faced by your business in the event that you have to move it to another venue.
Edible marijuana for medical purposes, vaporizing tools, smoking devices and dispensaries are all covered by product liability insurance.
Protection From Lawsuits
How many times have you heard of businesses getting sued due to unexpected reactions to their products? How many patients have tried to sue different companies by making claims that certain medicines have affected them negatively? Unfortunately, this is all too common. Sometimes, even false claims end up winning. That’s why we can provide you with medical marijuana dispensary insurance coverage that will protect you from lawsuits. Why would you risk paying the expenses of potential claims when we could take care of that for you?
Cannasure will protect your business from being sued by medical marijuana patients who have undergone inadvertent side effects. Yearly, over 30 million people (sometimes fatal) injuries due to products and drugs. You have to make sure that you prevent anyone from filing lawsuits against your business, especially because it is very easy for someone to win a case against certain drug providers, including medical marijuana providers.
Benefits of Having Medical Marijuana Dispensary Insurance Coverage
The benefits of having adequate insurance include:
- Compensation for your business losses
- Protection from lawsuits
- Being able to go back into business after misfortune
To receive a quote on general liability, property, medicine and products liability Get Started, Apply for an Application