For all cannabis business owners, employee safety must be a priority. Whether you own a factory, a retail shoe store, or a marijuana dispensary, as a business owner it is critical that employees have a safe working environment. Unfortunately, no matter what safety precautions that you may have taken, or rules that are implemented, employees get injured on the job. Injuries can occur in any line of work including the cannabis industry and businesses owners should protect themselves and their investments. At S2S Insurance Specialists, we work with hundreds of cannabis businesses to help mitigate risk from employee injuries that occur on the job. Our clients turn to us to secure Workers' Compensation policies that pay damages no matter who’s at fault for the accident.
In many states, employers are required to maintain workers compensation policies. An S2S Insurance Specialist can walk you through the requirements of your particular state to help you determine what is required. In states where workers compensation insurance is required, not maintaining proper coverage can result in heavy fines that negatively impact the business’s bottom line. Even if a state does not require workers compensation insurance, business owners should discuss having coverage as a form of risk mitigation. Having a policy that pays damages no matter who is at fault could save a business hundreds of thousands of dollars in some instances.
Our goal is to be an asset and an additional resource to every client we work with in the cannabis industry. Whether your business is just starting out or established over some period of years, contact us to learn more about how we can protect you and your business. Schedule a free 15-minute consultation by clicking here.