Frequently Asked Questions

• What is my annual insurance renewal bill for?

  The Michigan Cannabis Regulatory Agency (CRA) requires financial responsibility for the licensure of marihuana facilities. This bill is for the insurance coverage that transfers the $100,000 statutory obligation per license from the license holder to the insurance carrier. The obligation is per license, so please double check your bill to make sure all licenses and applications are listed. After the premium is paid, our system will deliver the correct CRA statutory evidence, Attestation J, J Renewal, 2-D, 5-D or Renewal RC for all licenses listed on the billing sheet.

• Does my insurance policy fulfill Michigan’s Gram-Shop coverage requirements?

  Yes. Your policy form includes "Gram-Shop" coverage in the amount of $50,000 per license. The form transfers the $50,000 statutory obligation in Michigan Public Act 55 of 2021 from the license holder to the insurance carrier.

• What is my annual insurance premium due in December?

  The early deposit eliminates the need of either party to provide notice to the CRA of a change as required in Michigan Public Act 160 of 2021.

• Why does the insured need multiple policies if it’s only one business?

  The Michigan Cannabis Regulatory Agency (CRA) requires financial responsibility for the licensure of marihuana facilities. This bill is for the insurance coverage that transfers the $100,000 statutory obligation per license from the license holder to the insurance carrier. The obligation is per license, so please double check your bill to make sure all licenses and applications are listed. After the premium is paid, our system will deliver the correct CRA statutory evidence, Attestation J, J Renewal, 2-D, 5-D or Renewal RC for all licenses listed on the billing sheet.

• Why can’t the agent sign the Attestation J or Attestation 2-D form?

  The Michigan Cannabis Regulatory Agency (CRA) requires financial responsibility for the licensure of marihuana facilities. This bill is for the insurance coverage that transfers the $100,000 statutory obligation per license from the license holder to the insurance carrier. The obligation is per license, so please double check your bill to make sure all licenses and applications are listed. After the premium is paid, our system will deliver the correct CRA statutory evidence, Attestation J, J Renewal, 2-D, 5-D or Renewal RC for all licenses listed on the billing sheet.

• When and how should I report a claim?

  The Michigan Cannabis Regulatory Agency (CRA) requires financial responsibility for the licensure of marihuana facilities. This bill is for the insurance coverage that transfers the $100,000 statutory obligation per license from the license holder to the insurance carrier. The obligation is per license, so please double check your bill to make sure all licenses and applications are listed. After the premium is paid, our system will deliver the correct CRA statutory evidence, Attestation J, J Renewal, 2-D, 5-D or Renewal RC for all licenses listed on the billing sheet.