Workers Compensation

cannabis workers compensation insurance

Cannabis Workers Compensation Insurance

Cannabis Workers Compensation Insurance provides coverage in the event of an employee injury, or fatal accident. Most states require this type of insurance. So, it is very important to make sure your business has Cannabis Workers Compensation Insurance in order to stay in compliance with state laws.

To put it plainly, if you have one or more employees, you need Cannabis Workers Compensation.  In most states, failure to have Workers Comp results in punitive action, exorbitant fines, and the state may choose to completely shut down your business. It’s also important for you to know that General Liability will not provide coverage in the event of an employee related injury or death as it only applies to third parties.

Why is cannabis workers compensation insurance important?

Many cannabis businesses choose to bring on “helpers” in exchange for a small wage, product, or both.  If your helper is supervised, instructed, can quit or be discharged at any time, and/or performs work as part of your regular business, it is likely that the state would deem your helper as an employee. Call us or Message us today to learn more about Cannabis Workers Comp Insurance at The Cannabis Coverage Company.

Your next best step…

Here at The Cannabis Coverage Company, we will take the time to discover your needs and find you the best solution at the best rate.  Contact us today!