Medical Marijuana Insurance Specialist Offers Pot Raid Coverage - Insurance News | InsuranceNewsNet

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February 8, 2011
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Medical Marijuana Insurance Specialist Offers Pot Raid Coverage

Sacramento, CA (PRWEB) February 8, 2011

Medical cannabis dispensaries, collectives, cooperatives, cultivators and caregivers can breathe a little easier now, provided they’re operating within state guidelines.

MMD Insurance Specialists now offers raid coverage for medical marijuana operations. “This is an historical moment,” offers Mike Aberle, National Director – MMD Insurance Specialists, and author of the historic insurance carrier endorsement. “We believe this to be the first ever policy endorsement in history to cover government action, anywhere in the world.” In addition to working with one of the largest, A+ rated, international insurance carriers to develop the raid coverage program, MMD Insurance Specialists has allotted considerable resources to developing quality programs specifically designed to meet the evolving insurance needs of the medical cannabis community. “This raid coverage option is just another historic first for MMD and the cannabis community,” says Aberle.

Medical marijuana raid coverage is designed to protect legally operating medical cannabis businesses. The coverage provides relief to cannabis operations raided by state or local law enforcement agencies provided the operations have adhered to all specified state and local cannabis-related guidelines and are found innocent of all raid-related charges. “We believe that business owners might require some financial assistance after a raid to get their operations up and running again,” states Aberle. “This coverage is designed to do just that.” Available in all states currently permitting the use of Medical Marijuana, the Medical Cannabis Raid Coverage program does not cover property seizures conducted by federal enforcement agencies like the DEA.

About MMD, Medical Marijuana Insurance Specialists
Endorsed by the American Alliance for Medical Cannabis (AAMC), MMD Insurance Specialists develops insurance programs specifically designed for the medical marijuana industry. Available across the nation, MMD Insurance Specialists is the only wholesale insurance provider with an A+ rated crop program on an occurrence form. MMD provides complete insurance solutions for agencies in all states permitting the use of Medical Marijuana, with filings in all 50 states. More information about insurance coverages or for fast, free quotes, contact MMD Insurance Specialists National Director, Mike Aberle, via email at maberle(at)mmdinsurance(dot)com, or by phone at (877) 821-6064. Insurance applications and appointment information is available online at http://www.mmdinsurance.com.

# # #

Read the full story at http://www.prweb.com/releases/medical-cannabis-2011/raid-insurance/prweb5046164.htm

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