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COMMERCIAL

PROPERTY

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NEXT WAVE INSURANCE CANADA COMMERCIAL PROPERTY POLICY

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

APPROVED CLASSIFICATIONS

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APPROVED CLASSIFICATIONS

  • Cultivators
  • Harvesters
  • Manufacturers
  • Laboratories
  • Building Owners
  • Wholesalers
  • Extraction Facilities
  • Retail & Dispensaries

COVERAGE HIGHLIGHTS

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COVERAGE HIGHLIGHTS

  • Occurrence Form CP-IBC
  • Named Peril Forms
  • Property Limits Up To $100 Million
    • No sub-limit for cannabis or hemp inventory
  • No Maximum Number Of Locations
    • Add as many locations as you need with no restrictions
  • Ability To Lead And Follow On A Subscription Basis
  • Business Interruption
  • Equipment Breakdown
    • Follow form on Property Schedule
  • Crime Limits Up To $100,000
    • Includes Social Engineering

DEDUCTIBLE OPTIONS

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DEDUCTIBLE OPTIONS

Up To $100,000

ENDORSEMENT OPTIONS

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ENDORSEMENT OPTIONS

  • Premium Property Extension
    • Accounts Receivable
    • Employee Dishonesty
    • Money & Securities
    • Property In Transit
    • Property Off‐Premises
    • Spoilage
    • Valuable Papers And Records
    • Outdoor Property (fencing, signs)
    • Outdoor Property (trees, shrubs, plants)
    • Extra Expense
    • Glass
    • Electronic Data Processing

LET’S TALK ABOUT YOUR COVERAGE