Cannabis Select Program
Cannabis Select Insurance Solution
The Cannabis Select Program provides large-scale operators and MSO’s with an extensive selection of robust coverage options and high-limit capacity. The program is available to businesses operating in all legalized states and DC.
PROGRAM HIGHLIGHTS
- Exclusive Carrier Market – Houston Specialty Insurance Company, a subsidiary of Skyward Specialty Insurance Group, A.M. Best A-X (Excellent)
- High Property Limits – Up to $25M per location
- Defense Costs Outside the Limits – Providing broader financial protection
- Customizable Theft Coverage – Option to exclude or limit theft exposure
- Named Wind Storm – Tier 1 County Exclusion Only
- Multi-Location Policy – All coverages and states on one policy
LIABILITY
- General Liability (Sq. Footage) – Up to $5M/$5M
- Product Liability (Claims Made) – Up to $5M/$5M
- Product Withdrawal – Up to $1M
- Defense Outside the Limits – $1M (within policy form)
- Personal & Advertising Injury – $1M
- Damage to Premises Rented to You
- Warehouse Legal Liability
- Assault & Battery
PROPERTY
- Property – Up to $25M per location
- Including: Buildings, Finished Stock, Harvested Plant Material, Plant Inventory, Theft, Business Personal Property, In-Transit Coverage, Equipment Breakdown & Business Interruption
- Property – Up to $25M per location
- Property Extension Endorsement
- Loss Limits – Up to $25M
ADDITIONAL PRODUCTS*
- Surety Bonds
- Workers Compensation
*Coverage, carrier and availability may vary by state
- Large-scale operators
- MSOs
SUBMISSION REQUIREMENTS
- Cannabis Select Application
- SOV (if applicable)
- Loss Runs
Completed applications and loss runs can be sent to CannabisSelect@ConiferInsurance.com
MARKETING
The MICIA is the leading voice for Michigan’s legal cannabis businesses. The MICIA advocates for responsible and successful medical and adult use cannabis industry by promoting sensible laws and regulations and industry best practices among members.
Ready to have your business covered?
Questions About Cannabis/CBD Insurance
Our Cannabis Select Program is designed to provide specialized insurance coverage for large and multi-state cannabis businesses, including cultivators, manufacturers, retailers, and other plant touching licensees.
Our program is available in states with a legal recreational or medicinal market.
Yes, our policies can include theft coverage, subject to underwriting guidelines and security requirements.
Yes, we provide business interruption insurance as part of our property coverage, which can help protect revenue in the event of a covered loss.
Agency partners can submit applications via email to CannabisSelect@ConiferInsurance.com.
Contact us at Marketing@ConiferInsurance.com or request a meeting through our website to discuss how we can support your cannabis clients.
Don’t see your product listed? Don’t worry, our experienced agents may still be able to tailor a policy for your specific needs.
Target Classes
- Large-scale operators
- MSOs
