Cannabis Site Pollution Liability Program
Addressing Significant Coverage Gaps for Cannabis Operations
Jencap has an exclusive, niche program that offers monoline Site Pollution Liability for cannabis risks. The program is specifically designed for cannabis cultivators, processors, manufacturers, wholesalers, and distributors. It’s a non-admitted, A+XII rated program available in all U.S. states where hemp or cannabis is legal for recreational and medical use.
Key Advantages of This Program
- First-of-its-kind product addressing significant gaps in insurance coverage and protection for cannabis operations
- Exclusive cannabis-specific form—unique in the marketplace
- Broad cannabis appetite—including high-risk operations
- Full binding authority provides quick quoting and turnaround times
- Ability to cross-sell all other cannabis lines within Jencap
Unique Coverage Features of This Program
- Automatic additional insured where required by written contract
- Automatic waiver of subrogation
- Corrective action costs include those recommended by an environmental professional
- Coverage included for civil fines, penalties or assessments arising out of a pollution condition where allowable by law
- Natural resource damages included in definition of property damage
- Mitigation expense coverage for costs incurred within 7 days of a pollution incident
- Terrorism coverage automatically included
- Defense expenses for third-party bodily injury/property damage liability claims and for corrective action costs
- Illicit abandonment included in definition of pollution incident
- Manuscript cannabis endorsement with broad definition of cannabis products
- Low deductibles (starting at $5,000 for each pollution incident)
“The cannabis industry is expected to reach $45B in 2025 and up to $100B over the next 10 years. That growth is only possible if cannabis businesses can successfully mitigate risk through their insurance portfolios. Jencap is thrilled to launch this exclusive, innovative program that will fill a much-needed coverage gap in the cannabis industry for Site Pollution Liability. This program is underwritten by environmental specialists and brings unparalleled expertise to Jencap’s agency partners.”
– Doug Mangus, Managing Director of Jencap Specialty Insurance Services
8 Reasons Your Cannabis Clients Need Site Pollution Liability Coverage
How to Get a Quote:
Complete the supplemental application.
Send application to CSPL@jencapgroup.com or submit via the form below.
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