Equipment Breakdown Insurance
Just what you need, your humidifier to take a dump unexpectedly. The extraction equipment malfunctioned and now you’re losing valuable time to make a living or a light bulb you just bought blew up and caused a fire to your business or cannabis products. These are some examples where equipment breakdown can save the day, or business. Losses due to mechanical or electrical breakdown of just about any type of equipment, including photocopiers and computers. This insurance can apply to the cost of repair or replace the equipment itself and any other property damaged by the equipment breakdown (i.e. business income and extra expense loss). Equipment breakdown insurance differentiates from traditional boiler and machinery (BM) insurance, because of being more descriptive of the coverage’s provided.
Cyber Liability Insurance
We are living in a technology world and I’m a technology… insert appropriation here. Is your business protected against the risks associated with digital technology today’s hackers, viruses and other unwanted breaches? Sensitive information of employees and clients are at risk which in turn has your business as the potential reason for not properly safe keeping.
Cyber liability insurance can cover issues such as legal fees for defense court, settlement payments, customer notification costs, public relation damage control and more. Let our experts get you a proper analysis to determine if the current defending software is adequate or if room for improvement exists.
Loss Of Income Insurance-(Part of Property Insurance*)
Loss of income insurance is part of your business property insurance coverage, if your business has sustained a property loss (fire/smoke damage, water damage, wind/hail, theft) and now have to renovate or resupply your operation this is the coverage that exists for it. Find out today how it works.
On the road to success comes many bumps and detours, not only do you have to mind wrong-doers looking to come up on your business but there is a blind spot coming from within, EMPLOYEES. Crime insurance can respond for most financial losses your cannabis business suffers as a result of theft, fraud and other crimes caused or committed by employees. A couple of scenarios or examples are; employee dishonesty, forgery or allegation coverage, computer fraud coverage, funds transfer fraud coverage and money and securities coverage.
Not only can portion of insurance cover the building itself for specified losses it can also respond for many items listed below:
- Loss of Income
- Crop Insurance
- Equipment Breakdown
- Business Personal Property (desks, computers, cameras etc..)
- Tenant Improvements (interior construction or permanently attached upgrades)
- Other items-Call today to find out.