Insurance Coverage for Crop Failure, pests, loss of license, and more

Hey @growopowners and @mastergrowers,

I wanted to let you know we are rolling out with a Group Captive Insurance program which offers you insurance that you can’t find anywhere else. Crop Failure, Government Intervention, Loss of Licence, Loss of Key Employee, Loss of Key Client, and more…

If for any reason you lose your crop, you can cover yourself through our Group Captive Insurance program. The added benefit to this program, aside from covering your ass where other insurance programs won’t, is that you get 65% - 80% of your premiums back at the end of the fiscal year if no claims are made.

The cost of premiums is just over $100K per $1MM of coverage - with the lions share of that returned to you. There is a $5MM coverage limit.

Message me for more information. This is unprecedented and 100% legit.

Warm Regards,
Elizabeth Becker
(Goddess of Phun)

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My contact
Ethan Kayes
[email protected]
218-393-5627

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Hi Elizabeth,

We are very interested, perhaps captivated, by the idea. Looked into it previously but didn’t find any interest with other growers. Time has passed and the main complaint of cash/cash flow might be less of an issue.

Would you be up for a call? I’m in wa at 206-818-0844. I screen new numbers so if you can pick a time for a call and send me your phone number I will put it in my phone ahead of time so I know it’s you for the call.

Cheers,

Craig

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Hi Elizabeth,

We are very interested, perhaps captivated, by the idea. Looked into it previously but didn’t find any interest with other growers. Time has passed and the main complaint of cash/cash flow might be less of an issue.

Would you be up for a call? I’m in wa at 206-818-0844. I screen new numbers so if you can pick a time for a call and send me your phone number I will put it in my phone ahead of time so I know it’s you for the call.

Cheers,

Craig

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Hey Elizabeth,
Does this include insurance for hemp crops? What type of yearly costs out of pocket is one looking at for say $5mm coverage?

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Hi Sandra.

Yes, Captive Insurance does include insurance for Hemp crops. Considering the new Farm Bill that just passed, does that mean you are able to write off your costs for Insurance Premiums? There are two options to look at re: fees & directions:

  1. Group Captive program

With this option you would not have to open your own Captive Company so there are no administration fees. For $5MM coverage annually your premiums would cost $500,000 with a refund of 50% - 65% if there are no claims at the end of that fiscal
year. The Group program is only available if the Underwriter has enough people interested as there is a minimum threshold for participation.

  1. Opening your own Captive Insurance Company

There is a cap of $2.3MM per year. If there are no claims this entire amount comes back to you via corporate dividend. The administrative cost for this runs around $75,000 if you are utilizing the maximum amount (to give you an idea the cost
of running $600,000 through the Captive company is $35,000 annually). This fee covers the 3rd Party Actuary and administrative services through our award-winning international tax specialist partner, Ryan, LLC.

Let me know if you have any further questions. If you want to delve a little deeper, we can have Ryan, LLC run through your details and get back to you with a specific plan. This step is offered free of charge.

Best regards,
Elizabeth Becker

[email protected]

www.CannabisCaptiveInsurance.com

Phone: 647-701-3598

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