Kairos Insurance Group Cannabis Division https://kairoscanna.com/ Mon, 28 Dec 2020 17:00:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.5 https://kairoscanna.com/wp-content/uploads/2020/11/favi-100x100.jpg Kairos Insurance Group Cannabis Division https://kairoscanna.com/ 32 32 The future of Florida’s cannabis industry https://kairoscanna.com/2020/12/28/the-future-of-floridas-cannabis-industry/ https://kairoscanna.com/2020/12/28/the-future-of-floridas-cannabis-industry/#respond Mon, 28 Dec 2020 17:00:42 +0000 https://kairoscanna.com/?p=189 The post The future of Florida’s cannabis industry appeared first on Kairos Insurance Group Cannabis Division.

]]>

The post The future of Florida’s cannabis industry appeared first on Kairos Insurance Group Cannabis Division.

]]> https://kairoscanna.com/2020/12/28/the-future-of-floridas-cannabis-industry/feed/ 0 Important insurance policies for cannabis https://kairoscanna.com/2020/12/26/cannabisinsurance/ https://kairoscanna.com/2020/12/26/cannabisinsurance/#respond Sat, 26 Dec 2020 20:09:08 +0000 https://kairoscanna.com/?p=185 What type of insurance does a cannabis business need?  Let’s start with property insurance. It is important to insure your building with a carrier that allows cannabis businesses. Many carriers exclude and could potentially deny a claim. Property Insurance: Buildings, Crop & Stock, Business Income Crop insurance is important to protect your investment. There are different levels of coverage available ...

The post Important insurance policies for cannabis appeared first on Kairos Insurance Group Cannabis Division.

]]> What type of insurance does a cannabis business need? 

Let’s start with property insurance. It is important to insure your building with a carrier that allows cannabis businesses. Many carriers exclude and could potentially deny a claim.

Property Insurance:

Buildings, Crop & Stock, Business Income

Crop insurance is important to protect your investment. There are different levels of coverage available that can be adjusted to meet your needs. From seed to finished product, crop insurance will protect your investment.

We can provide marijuana crop insurance for plants in three stages of growth, from seed to sale. The stages are:

  • Living Plant Material: Seeds, marijuana plants in the stage of vegetative growth, immature marijuana seedlings, and flowering mature plants in the growing medium.
  • Harvested Plant Material: Mature marijuana plant material that is not situated inside the growing medium, but is in the drying and curing process.
  • Finished Stock: Mature marijuana plant material no longer in the growing medium, which has been completely processed and is ready for sale.

Liability insurance:

General Liability, Product Liability, Assault.

It’s important to use a cannabis-specific carrier for product liability. Product liability insurance is available for both THC products as well as CBD and hemp products. This provides coverage for those clients who have experienced unintended side effects and wish to take this up with the company. This insurance covers edible marijuana products, the dispensing of marijuana, tinctures, and more.

Additional insurance products a cannabis business owner should consider: 

Worker’s Comp

Health Insurance for employees

Disability Insurance

Click here to schedule a policy review

Summer Westerbur / President

Call/Text/WhatsApp 719-331-1832

summer@kairosinsurancegroup.com

kairoscanna.com

Request a quote here: https://kairoscanna.com/request-a-quote/

The post Important insurance policies for cannabis appeared first on Kairos Insurance Group Cannabis Division.

]]> https://kairoscanna.com/2020/12/26/cannabisinsurance/feed/ 0 Health Insurance for Cannabis Companies? https://kairoscanna.com/2020/11/15/health-insurance-for-cannabis-companies/ https://kairoscanna.com/2020/11/15/health-insurance-for-cannabis-companies/#respond Sun, 15 Nov 2020 19:16:17 +0000 https://kairoscanna.com/?p=84 Many cannabis companies are wondering if real insurance companies will accept their business, allowing them to attract and retain top budtenders with rich Employee Benefits package. The answer is yes. While there are only certain carriers that will write medical and short-term disability, we have been insuring employees at cannabis companies for years. We are familiar with each carrier’s guidelines ...

The post Health Insurance for Cannabis Companies? appeared first on Kairos Insurance Group Cannabis Division.

]]> Many cannabis companies are wondering if real insurance companies will accept their business, allowing them to attract and retain top budtenders with rich Employee Benefits package. The answer is yes. While there are only certain carriers that will write medical and short-term disability, we have been insuring employees at cannabis companies for years. We are familiar with each carrier’s guidelines and can design a package within your company’s budget.

There are many different types of insurance plans available. It’s important to avoid policies that are misrepresented. ACA-compliant health plans are regulated by the Division of Insurance.

Can we offer health insurance to 1099 employees?

Yes, but there are restrictions. Each carrier has its own guidelines regarding the number of 1099 contractors a group can have. It is usually a percentage of the number of enrolling employees.

Is Covid covered?

Kairos Insurance Group Cannabis Division only offers plans that cover Covid. It is covered under most ACA-complaint plans the same as any other illness. Some carriers are covering testing differently, depending on your state.

Call/Text 719-331-1832 for quotes
summer@kairosinsurancegroup.com

The post Health Insurance for Cannabis Companies? appeared first on Kairos Insurance Group Cannabis Division.

]]> https://kairoscanna.com/2020/11/15/health-insurance-for-cannabis-companies/feed/ 0