We are able to provide Open-Air Crop Insurance policies globally to THC and Hemp clients. The policies are back by an A+ American based major insurer. We wrote the first policy this insurer provided. Below are the general parameters:
-Clients determines the crop value coverage requested
-Premiums equal 10% of the coverage
-Perils are specific to the location but typically include (heat and low temperatures, hail, specific insects, wildfire, etc)
-Exclusions can be negotiated
-Benefits clients looking to provide safety net for investors
-clients looking to raise more sophisticated capital as investors always ask.
Due diligence to start:
-Summary of the needs
-location information and ideally a plot map
-pro-forma projections for the company
We look forward to the opportunity to provide you Farm Crop Coverage Insurance.