Fourth module in the Hashish Insurance Coverage Professional (CICS) designation
NEW YORK, May perhaps 12, 2022 /PRNewswire/ — The Nationwide Underwriter Enterprise, an ALM organization introduced the fourth class in the six-program Cannabis Insurance policies Protection Professional (CICS) designation, Genuine Estate and Cannabis Insurance policy.
“State regulations around cannabis genuine estate can be tricky. With this study course, we wanted to handle hashish-associated serious estate insurance policies problems and liabilities,” notes Molly Miller, ALM’s chief information officer. “This system is excellent for any individual on the lookout to acquire or insure real estate for a cannabis-related small business.”
Authentic Estate and Cannabis Coverage touches on unique challenges exclusively relevant to hashish and authentic estate values, as effectively as the myriad condition and neighborhood rules restricting the place cannabis enterprises can be situated – or not positioned. This study course examines forms of hashish-associated actual estate houses, for instance, dispensaries and grow operations. It also takes an in-depth glimpse at serious estate insurance coverage associated to cannabis organizations, as well as unique liabilities with regards to cannabis-relevant attributes. This training course finishes with a glimpse at professional normal legal responsibility (CGL) declarations, including a sample policy.
“When I was asked to create the serious estate module for the CICS designation, I was pretty fired up,” claims issue matter expert Danielle Hernandez. “I’ve been instructing lessons to brokers all over the country for the previous yr about the essentials of hashish insurance policies. I have also generated content on merchandise legal responsibility, and I co-host a regular monthly Clubhouse termed ‘Legal Limits’ for hashish-connected companies. It was crystal clear that a thorough class was necessary to educate equally insurance policies brokers and the hashish industry to have an understanding of the complicated nature of insuring cannabis entities, together with true estate. The insurance policy market, as it is now, is undoubtedly not a 1-measurement-fits-all solution. The exclusionary language in each plan kind is consequential and must be comprehended to help cannabis-connected corporations prevent costly coverage declinations. As the cannabis business expands, it truly is our obligation to supply significant help for the consumers we provide.”
Marijuana legalization is escalating across the United States, and additional and a lot more companies have connections to hashish-linked companies, which have one of a kind insurance and threat management needs. The forward-thinking Hashish Coverage Protection Specialist (CICS) designation is getting produced by ALM’s subject issue professionals and believed leaders in conjunction with many insurance coverage, authorized and hashish field authorities. The coursework is incredibly hot off the presses, and it’s on a regular basis updated to reflect the at any time-evolving cannabis market.
Alongside with Cannabis Insurance policy 101, Controlling the Dangers of Hashish-Connected Organizations, and Handling Hashish Insurance plan Promises, Actual Estate and Cannabis Coverage is the subsequent action toward the Hashish Insurance Protection Specialist (CICS) designation, made to support any person fully grasp the important challenges, hazards and small business requirements to be thriving in functioning and advising a cannabis-relevant business enterprise.
To sign up for the system at the introductory value of $199 or to study a lot more, go to www.nutraining.com or speak to Johanna Abshear, Client Success Coordinator, by mobile phone at 859-692-2131 or by electronic mail at [email protected]
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