Affirmative Coverage

Enhances Existing Primary Insurance

Covers Cannabis Wrongful Acts

• Defined as rendering or failing to render professional services as it relates to medical advice as to the recommending, obtaining, or use of cannabis as to any medical treatment for which you are licensed as required by law.

Limits of Liability

• Up to $1 million per occurrence / $2 million aggregate.

Deductible Options Available

• Available options vary by state.

Defense Costs within Limits

• In some states, the limit of liability to pay judgement or settlements may be reduced by the amount incurred for legal defense. Carefully review your policy for specific details. 

AM Best Rating A- Excellent

• Policies underwritten by Continental Heritage Insurance Company, AM Best Rating A- Excellent, NAIC #39551.
  

Not Restricted by Federal Cannabis Prohibitions

Claims Made Policy 

• The policy is triggered by a denial of coverage from Insured’s primary medical malpractice insurance.
• Claims must be reported within the policy effective dates.
• Retroactive dates are available for up to 5 years but cannot predate the date of legalization of medical cannabis in the state.

Affordable

• Premiums are based on proprietary underwriting criteria that consider your individual profile such as your specialty and where you practice. In comparison, the policy may cost, on average, approximately 8% of your primary medical malpractice policy premium. 
• All coverage and premiums are subject to underwriting, rates, exclusions, conditions, and other policy terms in effect at the time of submission.
• Policies are subject to a policy issuance fee not to exceed $100.