Cosmetic CBD Has Insurance Industry Spooked: The Dope Before You Toke

Marketing CBD-containing cosmetics in today’s hazy legal and regulatory environment carries risks beyond what insurance carriers may be willing to take on. Kenneth Hegel of Cosmetic Insurance Services, a division of brokerage firm Frenkel & Company – an Epic Company, discusses the dilemma facing underwriters and criteria companies can meet to improve their insurance prospects.

a young man in suit in his office showing an insurance policy and pointing with a pen where the policyholder must to sign - Image

Companies looking to market cannabidiol-infused cosmetics – and to be covered for any liability issues that may arise – should check with their insurance carriers about hemp-related terms.

What they should not do is assume they are protected under existing policies, according to Kenneth Hegel, Jr., managing principal...

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