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Specialised Cannabis Insurance

Protecting the Cannabis Industry with Comprehensive Insurance Solutions

The cannabis industry is unique, rapidly evolving, and filled with both opportunities and challenges. At Berkley Risk, we understand the complexities and nuances of this emerging market. We are committed to providing specialised cannabis insurance solutions that protect your business at every stage. Our comprehensive offerings are tailored to meet the specific needs of cannabis cultivators, processors, dispensaries, and ancillary businesses, ensuring you can focus on growth and innovation without the burden of unforeseen risks.

Home / Specialised Cannabis Insurance

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General Liability Insurance

Protection Against Third-Party Claims: Safeguards your business against claims of bodily injury, property damage, and personal injury.

Coverage Includes: Premises liability, product liability, and completed operations.

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Product Liability Insurance

Tailored for Cannabis Products: Protects against personal injury claims related to the use of your cannabis products.

Key Protections: Covers legal defense costs and damages arising from allegations of product defects or contamination.

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Property Insurance

Safeguarding Physical Assets: Protects buildings, equipment, inventory, and more.

Protection Against Risks: Includes coverage for fire, theft, vandalism, and natural disasters.

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Crop Insurance

Protection for Cultivators: Coverage for cannabis crops against perils such as fire, theft, mechanical or electrical breakdown, and certain natural perils like tornadoes.

Coverage for All Facilities: Includes both indoor and outdoor licensed cultivation facilities.

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Cyber Liability Insurance

Protection Against Digital Threats: Safeguards your business from the financial impact of data breaches and cyberattacks.

Comprehensive Coverage: Covers costs related to data recovery, legal fees, and notification of affected parties.

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Workers’ Compensation Insurance

Employee Protection: Provides coverage for medical expenses and lost wages for employees injured on the job.

Regulatory Compliance: Ensures adherence to statutory regulations and promotes a safe work environment.

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Directors and Officers (D&O) Liability Insurance

Leadership Protection: Protects your company’s leadership from personal liability arising from their management decisions.

Coverage Includes: Legal defense costs and damages in the event of lawsuits alleging wrongful acts.

Benefits of Choosing Berkley Risk for Cannabis Insurance

Expertise in the Cannabis Industry:

Our team has deep knowledge of the unique risks and regulatory challenges faced by cannabis businesses, staying up-to-date with the latest legislation and trends.

Comprehensive Risk Management:

Beyond insurance, we offer risk management services including loss prevention, best practice advice, and technical support.

Customized Coverage Solutions:

We tailor our insurance policies to fit the specific needs and risks of your operation, with flexible coverage options to suit your budget.

Dedicated Claims Support:

Our experienced claims professionals provide prompt and efficient support, ensuring a smooth claims process.

Strong Partnerships and Reputation:

With strong partnerships with top-rated insurers and industry experts, Berkley Risk is a trusted name in specialised insurance.

Who Can Benefit from Our Cannabis Insurance?

Get a Quotation
  • Cultivators: Indoor, outdoor, and greenhouse growers.
  • Processors and Manufacturers: Extraction, processing, and manufacturing facilities.
  • Dispensaries: Retail stores, medical dispensaries, and delivery services.
  • Ancillary Businesses: Consultants, equipment suppliers, technology providers, and other service providers in the cannabis industry.

Get Started with Berkley Risk

Protect your cannabis business with comprehensive insurance solutions from Berkley Risk. Our specialised cannabis insurance policies are designed to safeguard your investment, mitigate risks, and provide peace of mind. Contact us today to learn more about our coverage options and to receive a personalised quote.

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Specialised Cannabis Insurance

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Ready to secure your business with tailored insurance solutions? Fill out the form below to schedule an appointment with one of our specialists. We look forward to providing you with personalised guidance and exceptional service.

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Berkley Risk (Pty) Limited (Registration Number 2017/412000/07) is an authorised Financial Services Provider under the Financial Advisory and Intermediary Services Act No 37 of 2002 – FSP#54407

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