Doug Banfelder

Senior Producer

Stratton Agency / Nine Point Strategies

Insurance provider to the legal cannabis industry since 2011.

InCall® Rates

Duration Price
6 minutes (SixFree Call) $0 (No charge)
15 minutes $65.00
30 minutes $95.00
60 minutes $150.00


insurance risk management


Independent Broker/Agent focused exclusively on the legal cannbis and hemp industries, providing policies for all related operations since 2011.  Published in Marijuana Venture magazine, speaker at NCIA Summit, MJ Business Daily shows, Cannacon Seattle, others.

Prior professional experience: politics/lobbying, mediation, master gardener

Education: BA in Communication, Minor in Political Science, ASU '97



1/25/2017 11:09:33 AM,
Doug Banfelder replied:
Sorry for the belated response, traveling last week.

If your policy has Business Income (aka Loss of Income or Business Interruption) you may have coverage.  Please note that there is a waiting period (24-72 hours is typical) for which you would not be compensated.  Depending upon the nature of the event, Equipment Breakdown coverage may also come into play. 

On a related note, Cyber Liability policies can protect an insured from the costs associated with data breaches.

Hope this helps.
10/31/2016 12:28:11 PM,
Doug Banfelder replied:

Thanks for your question.  While we aren't yet prepared to offer Life Insurance, a quick internet search brings up at least two current sources for this coverage, so it looks like you have options - always good.  They are:


Hope this helps!