Life insurance companies in Canada are becoming more accepting of cannabis, and many firms have stopped categorizing pot users as smokers. Joan Weir, the director of health and disability policy for the Canadian Life and Health Insurance Association, told the CBC that many companies are no longer penalizing light users and “have moved to a model whereby as long as it was two or less per week then you would not be a smoker.” Continue reading “Canadian Life Insurance Companies Stop Categorizing Pot Users as ‘Smokers’”
Tag: Insurance
How Weed Affects Your Insurance Coverage—The Good and Bad News
These days, many of us are worried that our health insurance is going get snapped away from us by a confused man in the Oval Office, and his cohorts, who think being born is a pre-existing condition.
Now might be a good time to look at how our pot use affects our insurance policies, if we’re lucky enough to have any.
A personal finance expert, who published an article in US News, recently shed some light on the topic. Continue reading “How Weed Affects Your Insurance Coverage—The Good and Bad News”
Insurance Loss Control Issues for the Cannabis Industry
The International Risk Management Institute defines loss control as “a risk management technique that seeks to reduce the possibility that a loss will occur and/or reduce the severity of those that do occur. Also known as safety or risk control. Continue reading “Insurance Loss Control Issues for the Cannabis Industry”