General Liability Insurance
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Coverage for Cannabis Company
Insurance for general liability refers to coverage that is designed to protect your business in the event of multiple types of claim. This is a very broad area of insurance and can include claims for:
- Damage to Property
- Personal and Bodily Injuries
- Copyright Infringement
- Slander and Defamatory Statements
General liability can include multiple types of insurance coverage, including payments for medical expenses, premises liability, and insurance for vehicles that are hired or not hired.
Accidents can happen at any time and sometimes result in severe repercussions for business regarding financial commitments and legal costs. If someone slips and falls while on your business premises or your business property is damaged due to an accident, then this type of insurance can cover you for loss, legal fees, damages, and compensation.
General liability may not seem like an essential part of coverage for a cannabis company, but just a single incident that can happen at any time could leave your business struggling with finances. Investing in general liability insurance gives you and your business peace of mind about accidents and damages that happen in the everyday running of a business.