Cannabis consultants are essential to the growth and success of the cannabis industry. They provide expertise and resources to help cannabis-related businesses thrive in a rapidly changing market. Those who want to start or grow their cannabis business, but lack experience and industry knowledge, can benefit greatly from the services of cannabis consultants. Of course, cannabis consultants must have the proper insurance coverage in place to protect their assets and reputation.
At GreenWrap Insurance Solutions, our mission is to offer tailored insurance coverage to as many cannabis-related businesses as possible, including ancillary businesses that don’t work directly with the plant, like consultants. Learn more about our seed-to-sale insurance policies that can help protect your cannabis consulting business in North America, Europe, the Caribbean, and sectors of Latin America.
Insurance Coverage for Consultants
Cannabis consultants provide services like obtaining cannabis business licenses, maintaining compliance with regulations and laws, designing cannabis facilities like grow houses and dispensaries, training new staff, growing cannabis brands, and more. At GreenWrap Insurance Solutions, we understand the wide range of services that consultants provide and are proud to offer comprehensive insurance solutions to cover their various business needs. Common insurance coverages for cannabis consultants include:
General Liability
General liability insurance provides protection from a range of claims in case bodily harm or property damage occurs to a third party on your property, such as clients, visitors, and more. This coverage includes a variety of damages, including faulty workmanship, job-related injury, defamation, copyright infringement, and legal defense costs.
Professional Liability
Occasionally, clients can become displeased with their consultant’s work, resulting in a lawsuit. This is why it is important to have professional liability insurance – including Errors & Omissions (E&O) – to protect you in the event a client sues for monetary damages as a result of your errors or failure to execute a contracted service.
Cyber Liability
Cyber liability protects businesses against targeted attacks and data breaches. Since consultants often handle sensitive client information, they are vulnerable to cyber-attacks. It is important to have cyber liability coverage in case you have to cover expenses like customer notification, credit monitoring, legal fees, and fines.
Umbrella Coverage
Umbrella coverage is extra insurance that provides excess protection beyond existing limits and coverages of other policies. Umbrella insurance can provide coverage for unknown risks like injuries, property damage, lawsuits, and personal liability situations.
Contact Our Agents Today
Keep your cannabis consulting firm safe and protected with comprehensive and customized insurance coverage from GreenWrap Insurance Solutions. We have more than 20 years of combined experience finding appropriate and affordable insurance solutions for all kinds of cannabis-related businesses in North America, Europe, the Caribbean, and sectors of Latin America. Contact us today to request a consultation or to discuss the insurance options available for cannabis consultants.