What is the deadline for providing updated insurance policies and proof of payment to 7 Brew?

According to 7 Brew's 2025 Franchise Disclosure Document, franchisees must provide updated insurance policies and proof of payment to 7 Brew at least 10 days before the expiration or termination of the current policy. This requirement ensures that 7 Brew is kept up-to-date on the franchisee's insurance coverage and that there are no gaps in coverage.

Maintaining adequate insurance is a standard requirement in franchising, designed to protect both the franchisee and the franchisor from potential liabilities. The specific types and amounts of coverage required by 7 Brew, such as commercial general liability insurance of $2,000,000, "All Risk" property damage insurance, and employment practices liability insurance with a $1,000,000 limit, are typical for businesses with a public presence.

The stipulation that 7 Brew and its affiliates be named as additional insureds on the franchisee's policies is also a common practice, providing an extra layer of protection for the franchisor. Failing to provide updated insurance information in a timely manner could result in a breach of the franchise agreement, potentially leading to penalties or even termination of the franchise.