- On a Claims-Made Basis; Defense inside the limits:
- Products Liability
- Premises-Operations Liability
- Products containing less than 0.3% of THC and less than 100mg/ml per serving of CBD
- Nutraceuticals
- Cosmetics
- Human or animal consumption
- Start-ups and new ventures
- Discontinued Products/Operations
- Annual Revenue of less than $25M
Primary Limits Only
Nutraceuticals: $5M ground up policy on select risks
CBD: Up to $2M
Deductible is ground up to $10K
- A completed General Star or equivalent product application
- A completed General Star Nutraceutical and Dietary Product Supplemental or equivalent supplemental application
- Currently valued carrier loss information (not older than 90 days) for a minimum of five (5) years, unless venture is less than 5 years old
- If the insured sells a blend of products, a breakout of sales is required