Aspera provides Commercial General Liability and Products Liability coverages for marijuana products in states with legalized medical and/or recreational use and hemp cannabis/CBD goods. Policies are written through a non-admitted carrier with a Financial Strength Rating of A (Excellent) by A.M. Best.
Product Divisions and Target Classes
Allied Health & Health Care
- Individual practitioners performing evaluations
- Medical marijuana evaluation clinics
- Pharmacies/pharmacists dispensing medical marijuana
Casualty
- Dispensaries
- Edibles/oil manufacturers
- Growers
- Hospitality businesses (bakeries, coffee/cannabis shops, conventions, et al.)
- LRO properties
- Processors
- Rolling paper manufacturers
- Security firms serving cannabis businesses
- Vaporizers and other smoking devices/accessories
Life Sciences
- Analytical laboratories
- CBD, cannabidiol – topical products only
- Hemp – dietary supplements
Management Liability (D&O and EPL)
- Cultivation
- Dispensaries
- Product manufacturers and others
- Retail stores
Professional Liability
- Compliance, licensing, and business consulting
- Specialized professionals: accountants, architects, engineers, lawyers, etc.
- Staffing and employment services
Availability
You can get Cannabis coverage from us in these states:
Company Highlights
Here are a few services you can expect when working with us:
- Quick response time – receive a quote within hours
- 12.5{241d69fb6cc1b5cacc5f3e2661eaf0e97e5fed421b543841c6865fd1a2ecc898} commission on new and renewal commercial accounts
- 24-hour policy issuance
- Policies written through a non-admitted carrier with a financial strength rating of A (Excellent) by A.M. Best
Submission Requirements
- ACORD applications required for property and casualty submissions. For management liability and professional liability submissions, please contact us for product specific applications at ci@asperains.com.
- Supplemental applications, where appropriate
- Five year currently valued company loss history with a description provided for losses over $25,000 for property and casualty submissions. For management liability and professional liability, provide information on all claims.
- Website address