Get a quote

×

Join Our Distribution List Today!



×
Need help managing your business risks during COVID-19? – CLICK HERE FOR INFO YOU CAN USE
ALIGNED Insurance

Call Toll Free
1-866-287-0448

Insurance For Cannabis Clinical Trials

Insurance For Cannabis Clinical Trials - ALIGNED Insurance Brokers
ALIGNED Insurance Quote
Want commercial insurance? Click HERE to get a free insurance quote now!

Insuring cannabis clinical trials – a how to guide

Risk goes hand-in-hand with growth potential. Cannabis operations, including cannabis clinical trials, require specialized coverage. And because the cannabis industry is so new and products are subject to specific regulations, insuring a clinical trial requires expert guidance. Not every insurance company is open to cannabis exposures and even the ones that are are concerned about:

This is why talking to an insurance broker who specifically understands the Canadian cannabis insurance market is so important. ALIGNED brokers know how to place cannabis risks and are experts in navigating coverage options in today’s marketplace.

Insurance For Cannabis Clinical Trials - ALIGNED Insurance Brokers

Get a free quote for your cannabis business ALIGNED now!


What insurers want to know before insuring a cannabis clinical trial

Only a select group of insurance companies in Canada will insure cannabis-related risks. When they do, they want to know:

  • The details of the clinical trial protocol documentation
  • Information about all informed consents
  • The business experience of organizations
  • Relationships between all involved parties (as applicable)

ALIGNED brokers work with cannabis clients across Canada and know what risks concern insurers the most. Working with directly with you, they will help get the best coverage options aligned for your clinical trial.

Related Matters: CCIC: Educational resources: lower risk cannabis use guidelines, Health Canada documents, Canadian Cannabis Survey 2018 and more

CCIC – Canadian Consortium for the Investigation of Cannabinoids

Cannabis industry – key coverage explainers

Insuring any company that does business in the cannabis field isn’t 100% straight-forward. Here’s some info about the specific risks and exposures cannabis companies should be aware of when buying or renewing coverage:

  1. Accessory companies
  2. Edibles company coverage
  3. Growers insurance
  4. Health products
  5. Landlord insurance
  6. Retail insurance
  7. Various cannabis company industry coverage

Growth potential and risk can both be managed. Talk to us about how to get your cannabis clinical trials and other operations the best coverage options.

CALL ALIGNED Insurance
Need specifics about any of our commercial insurance products?
Call us toll-free now at 1-866-287-0448

We’re here to help you find the BEST commercial insurance…
Our team of insurance brokers is available to help answer any and all questions you might have about all of our commercial insurance products. If you have a question about business insurance, are uncertain about what a particular coverage term means, or simply want to find commercial insurance that directly aligns with your needs, don’t hesitate to call us toll-free at 1-866-287-0448.

It’s time to get your insurance aligned. Want Canadian business insurance that’s ALIGNED with your bottom line? We can help. 365. Call us toll-free at 1-866-287-0448.

We’re ALIGNED across Canada. The ALIGNED Insurance National Operations Centre in Cambridge, Ontario supports our Toronto, Calgary and Vancouver offices. We’re proud our industry peers consistently recognize ALIGNED Insurance as one of the best insurance teams in the country. We are also very proud to be one of the fastest growing insurance brokerages in Canada.

We deliver e-news you can use. Get practical business insurance insights in your inbox. 12,000+ people subscribe to our free ALIGNMENT Matters e-news. Just click the JOIN OUR DISTRIBUTION LIST button – at the bottom of our homepage – to connect and learn more about us.

365 | Get ALIGNED. Every day, Canadian business leaders follow our insurance insights via @ALIGNEDonRisk, on FacebookLinkedIn and watch our YouTube videos here!

Leave a Reply

Your email address will not be published. Required fields are marked *

CLICK HERE TO GET A COMMERCIAL INSURANCE QUOTE NOW