Because of the potential and even threatened fray between federal and state governments over the legality of cannabis growing and sales, the owners of the businesses involved are caught between a rock and a hard place when it come to their legitimate need for business life insurance.
Traditional US companies don’t want to be in the middle of the fight and seemingly taking sides with the newest growth industry in the country. These are the same companies that got caught using, or not using, the social security death list to their advantage in not paying claims. Maybe after the whacking companies took over that nonsense they have decided to devote themselves to not ticking off the feds for a while. But, whatever the reason, this leaves legitimate business people, CEO’s and partners, without the ability to provide business life insurance to banks and investors as collateral or to fund buy/sell agreements.
Fortunately for those executives in the marijuana growing and retail sales business, they have found an ally in international life and disability income insurance underwriters. These underwriters don’t feel the need to walk on egg shells over any coming battle between the state and feds and understand that the battle, when it comes, will be a long, drawn out, arduous, stuck in the mud affair just like everything else the feds decide to stick their fingers in.
But for now the life insurance and disability products so needed in this growth industry of Marijuana legalization are available and can be put in force, just like our life insurance for business owners that are HIV+, in a matter of days, not months like traditional carriers take. A buy/sell agreement between marijuana growing partners or a loan or investment collateralization policy for the CEO of a chain of retail pot outlets can be in place in just over a week from beginning to end.
Bring the search to an end by calling us today for more information on getting the marijuana life and disability income business insurance products that you want and need as owners and key people in legitimate and legal businesses. Call or email. We really can get it done for you.
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