GMI can be one of many few carriers providing fridge breakdown protection, which is necessary as a result of many hashish merchandise like extracts require refrigeration throughout transport.
As money is the first means that many cannabis-related businesses function, this system additionally presents a cash-in-transit inclusion endorsement.
“For over 42 years, GMI has specialised in protecting business transportation dangers,” mentioned Karen Trudel, chief working officer at GMI Insurance coverage. “We’re excited so as to add our new cannabis transport program to our rising listing of profitable business transport applications. This system is complete, protecting most components of the hashish product cycle together with cultivators, processors and harvesters, wholesalers and distributors, retailers, dispensaries, specialty transporters, courier companies and licensed transportation.”
Learn subsequent: At the forefront of cannabis’ growth in the US
This system is offered to retail brokers within the following states:
- Arizona
- California
- Colorado
- Connecticut
- Illinois
- Massachusetts
- Maine
- Michigan
- Missouri
- Montana
- New Mexico
- New Jersey
- Nevada
- New York
- Oregon
- Rhode Island
- Washington
- Virginia
- Vermont
Program specifics embrace most limits of $1 million for coated cargo automobiles and a car acknowledged worth of as much as $200,000 for anyone unit. Startups and new enterprise dangers are acceptable with acceptable expertise and documentation, GMI mentioned. Non-obligatory protection and endorsements embrace cash-in-transit inclusion, loss payable clause, unattended coated car protection and refrigeration breakdown protection.
Have one thing to say about this story? Tell us within the feedback beneath.
GMI can be one of many few carriers providing fridge breakdown protection, which is necessary as a result of many hashish merchandise like extracts require refrigeration throughout transport.
As money is the first means that many cannabis-related businesses function, this system additionally presents a cash-in-transit inclusion endorsement.
“For over 42 years, GMI has specialised in protecting business transportation dangers,” mentioned Karen Trudel, chief working officer at GMI Insurance coverage. “We’re excited so as to add our new cannabis transport program to our rising listing of profitable business transport applications. This system is complete, protecting most components of the hashish product cycle together with cultivators, processors and harvesters, wholesalers and distributors, retailers, dispensaries, specialty transporters, courier companies and licensed transportation.”
Learn subsequent: At the forefront of cannabis’ growth in the US
This system is offered to retail brokers within the following states:
- Arizona
- California
- Colorado
- Connecticut
- Illinois
- Massachusetts
- Maine
- Michigan
- Missouri
- Montana
- New Mexico
- New Jersey
- Nevada
- New York
- Oregon
- Rhode Island
- Washington
- Virginia
- Vermont
Program specifics embrace most limits of $1 million for coated cargo automobiles and a car acknowledged worth of as much as $200,000 for anyone unit. Startups and new enterprise dangers are acceptable with acceptable expertise and documentation, GMI mentioned. Non-obligatory protection and endorsements embrace cash-in-transit inclusion, loss payable clause, unattended coated car protection and refrigeration breakdown protection.
Have one thing to say about this story? Tell us within the feedback beneath.
