Frame the transaction before discussing coverage
Identify the buyer, seller, target, industry activities, deal structure, enterprise context, signing and closing schedule, and requested insured party. Note any cannabis or hemp activity within the target or its supply chain.
Connect diligence to the agreement
Describe the diligence completed or planned across financial, legal, tax, operational, regulatory, and insurance matters. Identify the draft agreement, representations, indemnity structure, known issues, and areas excluded from diligence.
Transaction questions for an initial review
- Who are the parties, what is being acquired, and what is the expected signing and closing schedule?
- Which areas of diligence are complete, open, limited, or unavailable?
- What does the current agreement say about representations, indemnity, retention, and known matters?
What CARMA wants the submission to explain
These details help the team understand the account and identify the next useful question. They do not establish eligibility or available terms.
- Identify the transaction parties, insured interest, signing and closing schedule, and requested policy structure.
- Separate known matters from completed, limited, unavailable, and still-open diligence information.
- Provide the current agreement language, financial information, claim history, and advisers responsible for the transaction review.
Records for a transaction discussion
- Transaction summary, party and ownership information, timeline, and requested coverage structure
- Current purchase agreement or term sheet and available diligence materials
- Known issues, claims, regulatory matters, financial information, and relevant insurance history
Can CARMA consider this account?
CARMA confirms program fit, licensing, state availability, coverage options, and market interest for each account. This guide does not promise eligibility, terms, pricing, or placement.