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Breathe, eCig Corp. Secures General Product Liability Insurance Policy to Support its Upcoming Product Launches
Breathe, eCig Corp. Secures General Product Liability Insurance Policy to Support its Upcoming Product Launches.
About this update from White Fox Ventures, Inc.
[{"type":"text","content":"\n\n\n\nBreathe, eCig Corp. Secures General Product Liability Insurance Policy to Support its Upcoming Product Launches\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nBreathe, eCig Corp. Secures General Product Liability Insurance Policy to Support its Upcoming Product Launches\nPR Newswire\nNEW YORK, June 1, 2015\n\n\n\n\n\n\n\nNEW YORK, June 1, 2015 /PRNewswire/ -- Breathe eCig Corp. (OTCQB: BVAP) (\"Breathe\" or \"the Company\"), the electronic cigarette industry innovator and pioneer focused on the elimination of second hand smoke, today announced that it has secured a comprehensive commercial general liability insurance policy from A- rated Kinsale Insurance Company (\"Kinsale\").  Under terms of this 12 month policy, Kinsale has categorized Breathe as \"Manufacturer of Electronic Cigarettes\" and the policy carries a General Aggregate Limit of $2,000,000 USD with an Each Occurrence Limit of $1,000,000 USD.  As the Company grows and expands its operations, it may decide that additional insurance policies are necessary to further protect the interest of shareholders and stakeholders alike.  \n\nIn addition the Company has put into place a Directors and Officers (\"D & O\") insurance policy with A rated insurance company American International Group (\"AIG\").  Under terms of this 12 month policy, AIG provides D & O coverage of $2,000,000 USD Aggregate Coverage as well as $500,000 USD coverage pertaining to Securities, Employment Practices and All Other Loss Retention.  The retention of this D & O insurance policy enables the Company to attract highly qualified corporate executives as well as board members.\n\nBreathe's CEO Josh Kimmel commented, \"The Company is pleased to have this important product liability insurance policy in place prior to its upcoming product launches in the New York City Metropolitan area as well as Eastern Tennessee.  Breathe has produced nothing but the highest quality products possible with an emphasis on quality control and safety during both the design and manufacturing processes.  The Compa...