Business Loss or Business Overhead Expense

Having access to your store, your warehouse, and ultimately your land is critical for the survival of your business. Let’s face it, if you couldn’t open your store this morning due to a small fire in the grow room, your business could be in serious jeopardy if the doors remained closed for too long. If you already have property insurance chances are that will take care of getting the cost of repair taken care of, but what about the lost revenue due to your store being closed? Without business loss coverage, sometimes referred to as business overhead expense, your cannabis operation’s future could be in jeopardy. How will your business pay for rent? Employee salaries? License Agreements? How will your business plan to pay bills if the dispensary is closed due to a fire? This is why you need Business Income Loss Insurance.