Protect Your Topical CBD Products With Hemp Insurance
The CBD and hemp industry is quickly growing to new heights—and your products deserve the highest quality product liability insurance. Whether you manufacture, distribute, or sell infused CBD/hemp products, Insurance Canopy is here to help you navigate insurance requirements and risks in the industry. We pride ourselves on providing insurance coverage for non-ingestible, topical products that fall within the legal limits of 0.3% THC.
Customize Your Product CBD Coverage
Tailor our comprehensive insurance plans to meet your business’s needs.
Apply In Minutes
With our quick-quote turnaround, you can submit your application online and hear from an agent in 48–72 hours.
Grow Your Business
Get your topical CBD products online and in stores by meeting, or exceeding, industry requirements.
Insurance Canopy can protect businesses who manufacture, sell, or distribute topical CBD and hemp products—no matter where you are in the supply chain, including:
- Manufacturers & Growers
- Importers & Distributors
- Retailers & Wholesalers
- Extractors & Processors
- Inland Marine Coverage
- Hired/Non-Owned Auto Coverage
- Employee Benefits Liability
Eligible: Topical hemp & CBD products – Non-ingestible, must not contain more than 0.3% THC
Questions About Topical CBD/Hemp Insurance
Topical CBD and hemp insurance can cover the cost of product liability claims. You may be held liable if your product causes bodily injury or property damage, such as rashes, discoloration, and burns. Without the right insurance, you can be stuck paying for legal fees, medical expenses, and more out of your own pocket.
A single product liability claim can cost thousands of dollars in out-of-pocket expenses—leading to product recalls, damaging your reputation, and halting business operations. With Insurance Canopy, you don’t have to face the claims process alone.
Your topical CBD insurance coverage cost is calculated on a variety of factors, such as:
- Gross annual income
- Business size
- Limits needed
- And more
Each policy is uniquely tailored to your individual business needs. After submitting an application, a licensed agent will be in touch as soon as possible.
Yes! Just one claim against your CBD/Hemp business could be financially damaging, even if you are found to be not at fault. When selling products containing CBD/Hemp, many mainstream carriers will not offer coverage due to the higher industry risks. CBD product liability insurance can protect your business from claims of bodily injury, such as illness or death, and property damage.
As long as your topical CBD and Hemp products contain no more than 0.3% of THC, you are eligible to apply for Topical CBD/Hemp Insurance. Our policies will cover the following:
- CBD/Hemp lotion, cream, or balms
- CBD oils
- CBD/Hemp bath salts and bath bombs
Insurance Canopy now offers Cyber Liability Insurance that can be added to your policy during your application process. If you are someone who makes sales with chip and swipe reader devices, such as Square, or through online applications, such as PayPal or Venmo, Cyber Liability Insurance protects your client’s private information from cyber attacks. You can also protect your business’s sensitive information in the case of malware attacks, phishing scams, and ransom attacks. 1 in 4 businesses face cyber attacks each year and as a result can suffer from financial loss, a damaged reputation, and even business closure. Arm yourself with the protection you need from hackers!
Need additional information before making a decision?
Give our team a call today at 844.520.6993
Topical CBD/Hemp Insurance
Grow Your Business Confidently – Protecting your CBD/Hemp business can keep you focused on your business with peace of mind.