WHAT YOU CAN DO TO PROTECT YOUR BUSINESS The cannabis industry is fraught with liability for business owners: changing regulations, counterfeiting, compliance, and cyber security to…
General Liability includes personal injury, bodily injury, property damage caused by the business or its products. If a customer is hurt while on your property, you could be held liable. If you sell a product that causes harm to someone, you may be responsible for damages. A general liability policy helps protect against these types of claims against your business.
Protect Your Business While Growing It
If you run a cannabis business, it’s important to take precautions to ensure that your employees and property are safe from potential accidents and lawsuits. This can help reduce the amount of money you have to spend on legal fees if someone sues you or files an insurance claim against your company. A general liability insurance policy can also protect your company from paying for any damages or injuries that happen as a result of an accident at work or when using your products (such as if someone is sick after eating food containing cannabis).
Another example of a use case for general liability coverage is considering an employee slips and falls in your store, breaking his wrist, then you’ll have medical bills to pay along with lost wages due to time off work. General liability insurance can cover some of these costs for you.
Certainly, every stage of the cannabis supply chain has unique liabilities and risks.
However, Millers Insurance Group’s range of coverage and policies will address the needs of cannabusinesses at any level of the marijuana industry.