With the cannabis industry thriving—and predicted to grow, grow, grow, professionals from every field are jumping in. Whether you’re focused on seeds, sales, or anything and everything in between, success is in reach—and protecting yourself with Professional Liability Insurance is a must.
Why Professional Liability insurance?
Every professional in the business of providing products, services and advice to others faces the risk of being sued. Professionals in the emerging cannabis industry face extra risks as rules, regulations and expectations evolve. Whether or not you actually make an error, even allegations—and defense against them—can be disruptive, expensive and ultimately ruinous.
When you are involved in growing, creating, testing, making, or selling cannabis products, you can be sued. For example, if a temp you pay to help with your budding business gives faulty information to a customer, you can be sued. If you miss deadlines, you can be sued. If products don’t meet client expectations, you can be sued. If regulations change and evolve (as they are), and you are not in compliance, you can face allegations of negligence.
Colonial Surety ensures that professionals throughout the emerging cannabis industry have help mitigating the risks with affordable Professional Liability Insurance. Armed with Professional Liablity Insurance, you’ll be covered for both legal defense and settlement costs in the event of a lawsuit. Uniquely, for added value and protection, our Professional Liability Insurance even includes $50,000 of Cyber Liability Insurance, providing defense against lawsuits and regulatory actions—and response services and notifications—related to a cyber breach at your cannabis business.
Prevent incidents at your cannabis business from spiraling into disasters. Obtain affordable Professional Liability Insurance from Colonial in minutes, now. Just:
- Get your quote online anytime, from anywhere;
- Enter your information and payment method; and,
- E-file or print out your coverage certificate.