Cannabis
As a licensed cannabis producer, your goal is to see your operation grow and to tap into new and exciting opportunities. The green gold rush is making its way across the nation, and you are ready for its impact. From seed to harvest and sales, you know that today’s cannabis industry offers a wealth of untapped possibilities.
Discover your coverage solutions
U.S. MARKET EXPOSURE
Coverage in the United States is still very challenging because cannabis is still illegal at the federal level. This prevents most insurers and banks based in the United States from participating in the risk. This also applies to the financing of premiums. That said, our reach through our international partnerships with Lockton GLobal LLP allows us to potentially help bridge some of the challenges with the U.S. Market where permitted by law.
DIRECTORS AND OFFICERS LIABILITY AND EXECUTIVE RISKS
Accessible for companies domiciled in Canada without sales in the United States.
PRODUCT LIABILITY
Provides you solutions to cover the risks of the product from start to finish. This includes compliance certification as well as construction policies for base-level facilities and a full range of seed coverage for sale, including but not limited to:
- marijuana medical clinics;
- processors and manufacturers;
- owners and landlords of growing/related facilities;
- cannabis industry consultants;
- research and development as well as testing laboratories;
- clinical trials, medical facilities dedicated to cannabis (physicians and clinics), and
- medical professional errors.
The BFL CANADA advantage in a competitive market
WHY DOING BUSINESS WITH BFL CANADA IS IN YOUR BEST INTEREST?
- We negotiate on your behalf to get the best protection, rate and deductibles.
- We work with you to develop tailor-made solutions adapted to your reality.
- We deal with all major insurers that specialize in your industry.
- We have offices across Canada to meet your local needs and partners in over 140 countries for your global ambitions.
- We are solution seekers for companies of all sizes and every industry.
At BFL CANADA, we help our clients get peace of mind. Most insurance policies require various insurance companies to share the risk. As your insurance broker, we are able to canvass the insurance marketplace, approach financially sound insurers and always act in your best interest.
