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Commercial Property

The Commercial Property policy has been specifically designed to meet the needs of the cannabis, and hemp industry. CannGen Canada uses both IBC and program-specific coverage forms and endorsements.

Approved Risk Classes

  • Cultivators
  • Harvesters
  • Manufacturers
  • Laboratories
  • Building Owners
  • Wholesalers
  • Extraction Facilities
  • Retail & Dispensaries
  • Homeowners
  • Vacant Cannabis Facilities
  • Greenhouses

Coverage Highlights

  • Broad Form and Named Perils coverage are available nationwide
  • Property limits up to $118,500,000
    • No sub-limit to stock or business interruption
  • Ability to lead or follow on a subscription basis
  • Crime limits up to $100,000
  • Homeowners form available, including personal liability
  • Broad list of premium property extensions included

Deductible Options

A variety of deductible options are available upon request

Endorsement Options

  • Extended Business Income (Profits Form)
  • Actual Loss Sustained (available for retail stores only)
  • Stated Amount Co-Insurance Clause
  • Equipment Breakdown
  • Transportation Floater
  • Commercial Condominium Unit Owners
  • Contractor’s Equipment Floater Form
  • Warehouseman’s Legal Liability

Let’s Talk About Your Coverage

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