Directors & Officers

The Directors & Officers policy is 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

Capable of underwriting all industry classes including:

Cannabis
Psychedelics
Biotech
Nutraceuticals
Device Manufacturing
Advertising and Marketing Agencies

Coverage Highlights

Dedicated wordings for Public, Private and Not-For-Profit organizations
$25 Million Capacity, Primary or Excess
Entity Coverage for securities claims
Full-Side ABC And Side A Only Coverage Available
Additional Side A excess limit available
Non-rescindable Side A insuring agreement
Investigative costs for shareholder derivative actions (sub limited)
Expertise in managing risks and claims within the cannabis market

Coverage Options

Limits Up To $5M (Primary Or Excess)
Limits And Premium Offered In $CAD And $USD
Full-Side ABC And Side A Only Coverage Available

Deductible Options

Cost- Effective Retention Options (Starting at $25K)

Endorsement Options

Extended Reporting Period
Side A Difference in Conditions
Employment Practices Liability coverage, shared or separate limits
Public Relation Cost Sublimit