Products

Cannabis

Penn-America Group® is your cannabis dispensary insurance provider.

Overview

Penn-America Group® is your cannabis dispensary insurance provider. We offer general liability, premises liability on occurrence or claims made, and products and completed operations liability on claims made (including prior acts). We offer coverage for recreational and medical dispensaries as well as CBD retail stores.

Coverage is available in all states where medical and/or recreational cannabis is legal. All facilities must be licensed to operate and sell/distribute cannabis products directly to consumers.

Overview of the Product

Cannabis liability coverages can be packaged with commercial property including building coverage, equipment breakdown, business personal property (excluding outdoor plants), and business income. Theft peril is also offered on a sublimit basis if monitored central station alarm and other safeguards are evident.

Target Classes

Cannabis Dispensaries, Non-Medical – Retail Exposures Only
Cannabis Dispensaries, Medical – Retail Exposures Only
Cannabis Dispensaries, Medical & Non-Medical – Retail Exposures Only
Cannabis Dispensaries, Non-Medical – Retail Exposures Only (Claims Made)

Cannabis Dispensaries, Medical – Retail Exposures Only (Claims Made)
Cannabis Dispensaries, Medical & Non-Medical – Retail Exposures Only (Claims Made)
CBD Dispensaries, Non-Medical – Retail Exposures Only
CBD Dispensaries, Medical – Retail Exposures Only

CBD Dispensaries, Medical & Non-Medical – Retail Exposures Only
CBD Dispensaries, Non-Medical – Retail Exposures Only (Claims Made)
CBD Dispensaries, Medical – Retail Exposures Only (Claims Made)
CBD Dispensaries, Medical & Non-Medical – Retail Exposures Only (Claims Made

Coverages Offered

General Liability (up to $1M/ $2M / $2M) – premises liability (occurrence or claims made) and products/completed operations liability (claims made, budtender exposure included) are available on separate policies
- Monoline products/completed operations liability is not available
Medical Payments (up to $5,000 for any one person)
Damage to Premises Rented to You (up to $500,000 for any one premises)
Property (Building, Business Personal Property, and Business Income coverages) is available with a minimum $1,000 deductible
- Monoline property is not available
Excess and Umbrella Limits – not available