Cannabis Insurance

Whether you run a large cannabis production facility or small local dispensary, protect your business from potential liabilities with Cannabis Insurance

Join thousands of Canadian businesses that are already protected!

Partnership with over 50 leading Canadian insurance companies

Zensurance - Cannabis Insurance

What is Cannabis Insurance?

Cannabis Insurance is a policy package designed to protect cannabis producers and retailers against specific risks, such as third-party bodily injury, equipment protection, and product recall.

Competing in a rapid growth industry, you must mitigate the risks that can disrupt your business operations. We know what makes your business unique, leave it to us to find the best insurance package for you.

Esthetician Insurance Coverage

What does Cannabis Insurance cover?

A comprehensive Cannabis Insurance policy package will typically include critical coverages, such as:

  • Commercial General Liability Insurance (CGL): protects against common liability claims your business may encounter from its day-to-day operations, such as third-party injuries and property damage. CGL provides financial coverage for medical expenses and legal fees related to lawsuits and claims.
  • Commercial Property Insurance provides financial coverage for loss or damage to your property due to an unforeseen external event, such as a fire or theft.
    • Stock: inventory coverage offers financial protection for seeds, plants, and finished stock. (For indoor cultivation operations).
  • Product Liability Insurance: covers costs associated with liability claims of bodily injury due to cannabis products you sold, developed, or supplied to a client.
  • Cyber Insurance: policy provides financial protection against network security and privacy issues, such as a data breach.
  • Equipment Breakdown Insurance: coverage of your cannabis cultivation equipment in the event of mechanical and electrical breakdowns due to internal causes.
  • Business Interruption Insurance: covers lost income due to temporary closure of business operations caused by a disaster.
Esthetician Insurance Requirements

Who needs Cannabis Insurance?

All licensed businesses in the cannabis industry should consider Cannabis Insurance to protect themselves from potential lawsuits.

We’ve insured more than 1,000 industry professionals. Some of our clients include:

  • Cultivators and Producers
  • Dispensary / Retailers
  • Distributors and Wholesalers
  • Manufacturers
  • Harvesters/Processors
  • Hemp Products

Each business is unique, and coverage requirements may vary. Please speak with a broker about customizing your policy to suit your specific cannabis business insurance needs.

Esthetician Insurance Costs

How much does Cannabis Insurance cost?

The cost of a Cannabis Insurance policy package varies widely. The following factors are taken into consideration when determining the exact price for your policy:

  • Training and Experience
  • Years in Operation
  • Annual and Projected Revenue
  • Products/Services Provided
  • Number of Employees

We’ve partnered with Canada’s leading cannabis insurance carriers to offer you the most exclusive policy package rates.

Common scenarios where Cannabis Insurance is useful:

man holding his head

Problem: A customer inside your dispensary slips on the floor and suffers a concussion. The customer then sues you for the injuries.

Outcome:  Your Commercial General Liability Insurance policy would cover the $16,000 lawsuit against your business.

indoor cannabis facility

Problem: A faulty wiring in your indoor growing facility started a fire, which destroyed a portion of your medical cannabis inventory.

Outcome:  Your Commercial Property Insurance policy would cover the $250,000 cost of lost cannabis stock and damages to the facility.

cannabis mislabel

Problem:A mislabelling of the THC content on one of your products leads to a class-action lawsuit against your business for misleading cannabis potency advertisements.

Outcome:  Your Product Liability Insurance policy would cover the class-action lawsuit settlement cost of $500,000.

Getting insured is quick and easy!

Complete our 5-minute online application form for a free Cannabis Insurance quote.

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