Breathe, eCig Corp. Secures General Product Liability Insurance Policy to Support its Upcoming Product Launches

NEW 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. 

In 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.

Breathe'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 Company is very excited about the launch of its second generation product to the New York City Metropolitan area market and will continue to update shareholders on a regular basis."

About Breathe eCig Corp.

Breathe was founded in 2012 as a research and development company in Knoxville, Tennessee with the mission to develop a better e-cigarette than was available on the market. Now holding multiple patents (pending) for its groundbreaking product, BVAP, Breathe is not your typical e-cig manufacturer. With a commitment to remaining socially responsible through innovative product development, consumer outreach and education, Breathe challenges the e-cig industry establishment. To find out more, visit www.breathecig.com.

DISCLAIMER   <<Caution Concerning Forward Looking Statements>>

This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.

Information for the Educated Investor

For further information regarding these and other risks related to Breathe eCigs' business, investors should consult Breathe eCigs' filings with the Securities and Exchange Commission, available at www.sec.gov.

Contact:
Mr. Joshua Kimmel
Chief Executive Officer
Tel: +1(800) 905-4014
Local: +1(865) 281-1330
[email protected]

SOURCE Breathe eCig Corp.

Related Links

http://www.breathecig.com