What section of the Aerus Franchise Agreement outlines the franchisee's obligations regarding insurance?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
Insurance.
Franchisee shall, at its expense, procure upon execution of this Agreement, and shall maintain in full force and effect at all times during the Term, an insurance
Source: Item 9 — Franchisee's Obligations (FDD pages 33–34)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, Section 12 of Item 23 of the Franchise Agreement outlines the franchisee's obligations regarding insurance. It states that the franchisee must procure insurance upon the execution of the agreement and maintain it throughout the term of the agreement at their own expense.
This requirement means that a prospective Aerus franchisee needs to factor in the cost of insurance as a mandatory business expense from day one. They must obtain the required insurance coverage immediately after signing the Franchise Agreement to remain compliant.
It is important for potential franchisees to carefully review Section 12 of Item 23 within the Franchise Agreement to fully understand the specific types and amounts of insurance coverage they are required to maintain during the entire term of their franchise agreement.