Electronic Cigarette Insurance – Manufacturers, Importers, Distributors, and Retailers

CALCO has partnered with SFATA to provide their members with the valuable CALCO Advantage Policy.  Since 2008, we have provided our clients with an insurance policy which actually provides coverage.  The fact is electronic cigarettes companies are viewed and rated as tobacco companies by insurers. As such the same exclusions are applied to their insurance policies.  This is not the case with the CALCO Advantage Policy.  We pool our clients and use the insurance premium as security, this results in preferred rates and expands the scope of coverage for our insureds.  Our policy addresses the needs and exposures of manufacturers, importers, distributors, and retailers.  In this rapidly growing industry, it is difficult for business owners to stay current and comply with legal ordinances. We have developed product warning labels and user instructions which are in use today by most electronic cigarette and e-juice brands in the United States and China.  Anyone interested in obtaining a copy of the warnings/user instructions at no cost should contact us.  Our intent is to minimize the numbers of injuries and claims in this industry.

What are the consequence of not having the proper electronic cigarette insurance policy?  Here are two:

  1. Once a claim is filed the initial “discovery period” will typically cost $10,000 – $20,000 per side.  For those who have not heard this term before, this is the period which an attorney collects or gathers information.  The cost of the trial, mediation, or expert witness costs are not included during this discovery period.
  2. Finding the wrong attorney can lead to a disaster.  There is a secret out there among attorneys, they specialize in “everything” and they hand off most of their work to their paralegals.  An inexperienced attorney can potentially loose a case, which will result in “case law”. This would cripple the defense of all future lawsuits against the electronic cigarette companies and negatively effect the entire industry.
At CALCO we add value to your business and you will add value to ours.  In a collaborative effort, we can strive and achieve what we all we are entitled to.  Success comes from strength, detection, and common goals.  Share your knowledge with others, and other will share theirs with you.  We are happy to provide free advice and counseling to anyone who is interested in learning.
For more information or to obtain an electronic cigarette insurance quote feel free to contact us at (877) 225-2699

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