Home Add to Favorite Contact Submit  
           20 November, 2018


    
Category:  Press » Business

 

California Entertainment Insurance Broker Educates On Cannabis Insurance

Popularity:
         Views: 328
2018-07-11 11:15:33     
Alec Roberts

Los Angeles, California ( press.abc-directory.com ) July 10, 2018 - The California entertainment insurance brokers at MFE Insurance Brokerage recently published a blog describing the benefits of having cannabis insurance and what this type of insurance covers. Cannabis insurance protects dispensaries, growers, and other operators within the cannabis industry from a variety of issues, such as equipment breakdown, product liabilities, loss of income, and more.

The legalization of growing and distributing cannabis in various states has allowed a new industry to boom. However, this newness can cause uncertainty. There are constantly new laws by which to abide. The process of growing, distributing, and dealing with customers may also be full of issues that were not previously thought about. Cannabis industry operators should therefore consider getting insurance, which can provide them with the peace of mind that comes from knowing their growing pains will be covered by insurance instead of potentially causing damage to their businesses.

Cannabis insurance can cover a wide variety of problems, similar to insurance for any other industry. General liability insurance protects against claims of bodily injury, property damage, and in the case of dispensaries and growers, also covers third-party lawsuits that may occur. Product liability insurance, meanwhile, covers claims that your product caused injury or damage during its use, which can be frequent due to the unfamiliarity many new customers may have to your product, given its recent legalization. Like any company, cannabis businesses should have workers compensation insurance, which can help make payments to employees who are injured while working. Growers may find equipment breakdown insurance, which helps replace essential machinery and equipment in the event of damage, to be indispensable. Similarly, property insurance can help replace lost or damaged property, such as the building, its fixtures, and its contents. While it may not be at the top of the list, cyber liability insurance can prove to be a useful investment, as it covers ever-increasing data theft or information mismanagement incidents. There's also crime insurance, which covers more old-fashioned crimes of theft, forgery, counterfeiting, and more. For everything else, there's umbrella insurance, which helps cover claims that exceed the limits of your main liability policy. While your business is waiting to recover from an insured loss, loss of income insurance can help ensure that you aren't losing too much more.

MFE Insurance Brokerage is an independent, Los Angeles-based agency that quotes and places insurance with top carriers to provide clients with competitive prices. The agency covers the cannabis, entertainment, technology, drone, and nightlife industries, among others. Since 2012, MFE has insured thousands of businesses and events.

Specialized in: Insurance Brokers - Cannabis Insurance
URL: https://www.mfeinsurance.com/
Print press release      Bookmark this page
Related Press releases 
Custom Closets Company In Miami, JL CLosets Introduces New Custom Drawer Options (Popularity: ): Boca Raton, FL ( abc-directory.com ) August 01, 2018 - JL Closets, the Miami Beach custom closets company has expanded its selection of custom drawer options. They have introduced the Senseon Secure Access Control System and the Blum Drawer Slide Options to their range of custom closets that not only provide increased- security but also offer clean-fronted cabinets without the need for locks and other hardware.“The problem with conventional locks ...
Cashless Payment Software Provider PouchNATION Partners With GCash (Popularity: ): Road Town, Tortola ( press.abc-directory.com ) June 27, 2018 - Asia’s leading cashless payment software provider, PouchNATION, has partnered with GCash, a Philippines-based mobile wallet service that allows users to make transactions using their Globe or TM mobile number. PouchNATION, which has hosted their event planning software at events all over Southeast Asia, will be providing event technology solutions to the mobile wallet service.Make Quick and Secure Transactions“GCash is a ...
Robert Miller Congratulates Future Team on Fourth Straight Panasonic Distributor of the Year Win (Popularity: ): Montreal, Quebec ( press.abc-directory.com ) June 19, 2018 - Future Electronics, a global leading distributor of electronic components, has been awarded the 2017 Americas Distributor of the Year Award from Panasonic.Robert Miller, President of Future Electronics, thanked everyone on the Future Electronics team for their hard work in 2017, and congratulated them for Future's unprecedented fourth consecutive win."In a year of excellent growth, Future led the pack" said Jack Schufreider, ...
Christmas Designers Announce Early Christmas Offers on Select Products (Popularity: ): Pompano Beach, FL ( press.abc-directory.com ) April 30, 2018 - Yuletide cheer is not far away for Christmas enthusiasts planning on preparing for the festivities early. To cater to these early shoppers, Christmas Designers has announced early Christmas offers on a number of their products.Users can save up to 35% on incandescent Christmas lights, 50% on white conical lights, and 50% off on C9 Christmas lights. There are offers on ...
Blue Water Fiberglass Pools is proud to announce the launch of their new website. (Popularity: ): Robertsdale, Alabama ( press.abc-directory.com ) April 3, 2018 - Blue Water Fiberglass Pools is proud to announce the launch of their new website. "My team and I have a passion for designing and selling beautiful backyards with a pool as the centerpiece. This new website will help us promote that vision," according to Gib Leonard, President of Blue Water Fiberglass Pools.The website is mobile responsive, which makes it easier for ...

Press release home snapshot 


Related Business 
Central Insurance Broker (Popularity: ): Car Insurance Companies in Thailand ,Online car insurance quotes from the leading auto insurance companies. Central Insurance Company. Provide insurance Casualty insurance and the new format. Focusing on online sales channels. Convenience to customers more than ever. Under the supervision of the Commission and promote the insurance business (Cpp.), which allowed the operation of the insurance broker. Licit Job services in Insurance and car insurance.
Life Health Insurance Broker Magazine (Popularity: ): California's Leading Journal for Life and Health Insurance Agents and Financial Planners. California Broker is the most highly respected insurance magazine in California
Lifebroker Life Insurance & Income Protection (Popularity: ): Life Broker is an independent insurance broker that offers advice on the most suitable provider of life insurance products based on your individual circumstances. Lifebroker is Australia’s leading specialist online life insurance broker, helping you to find the best insurance coverage from Australia’s leading life insurance companies.
Insurance Broker California (Popularity: ): Founded in 1984, Barclay West is proud of its long history of serving California employers with CA group health insurance. With over 100 years of combined broker experience, we have the expertise and industry knowledge to provide clients with the most value for their CA employee benefits investment.
Midwest Insurance Agency (Popularity: ): Midwest Insurance Agency is a full service Insurance Broker, offering Property and Casualty Insurance, Transportation Insurance, Life & Health Insurance and Pension Plans. We can assist your company in finding insurance and benefit packages that perform for your business and protect your most important assets.
Surex Direct. (Popularity: ): Surex Direct is a Candian insurance broker that finds the best rates for automobiles, homes, and businesses. Insurance can be overwhelming and frustrating at times. We try to make the insurance quoting process simple, easy and understandable. We give you six quotes, from six different insurance companies, all based on the same coverage. All you have to do is choose the best price. See, our broker expertise is built to ...
Mid Central Valley Insurance Producers, Inc. (MCV) (Popularity: ): A multi-line insurance broker serving northern and central California. MCV offers a full range of insurance coverage for businesses, personal insurance needs, and individual and employee health benefits.
Sweet and Baker Insurance Brokers, Inc. (Popularity: ): Sweet & Baker is a full service San Francisco based insurance broker offering the sale and service of personal insurance, life insurance and commercial insurance products such as business insurance, employee benefits and workers compensation throughout the greater Bay Area and Silicon Valley in California. We were established in 1951 by Donald Sweet and Bruce Baker, both native San Franciscans.
Kelowna Insurance (Popularity: ): Kelowna Life Insurance compares the top Canadian Life Insurance companies to provide you with the best rates for the best insurance products. I am a Kelowna insurance broker for Life Insurance, Critical Illness Insurance, Disability Insurance industry, and more in Canada. I provide “one-stop shopping” to ensure that you get the best rates and best coverage available.
Protection Insurance Broker (Popularity: ): Protection Insurance Broker is a leader in providing quality protection for thousands of individuals, families and businesses in UAE. Exposure to unlimited risk would paralyze the economy. Growth of insurance industry is determined by the growth of the economy. This interdependent relationship between the insurance industry and the economy illustrates that insurance is very much a creature of society.