Besides participating in the insurance program, what additional insurance requirements must Aira Fitness franchisees fulfill regarding workers' compensation?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
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In addition to participation in the insurance program, you must carry workers' compensation and employer liability coverage as required by the jurisdiction in which you operate the Fitness Aira Fitness Business.
All required insurance not included in the insurance program must be obtained from a responsible carrier or carriers acceptable to us (generally an AM Best rating of A- or better). All of the policies must name us and anyone else we designate with an insurable interest as additional insured and must include a waiver of subrogation in favor of each additional named insured.
Source: Item 8 — **RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 31–33)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, franchisees must carry workers' compensation and employer liability coverage as mandated by the jurisdiction where they operate their Aira Fitness business, in addition to participating in the insurance program.
The insurance must be obtained from a responsible carrier with an AM Best rating of A- or better, if it is not included in the insurance program. Aira Fitness and any other designated parties with an insurable interest must be named as additional insured on all policies, which must also include a waiver of subrogation in favor of each additional named insured.
This means that prospective Aira Fitness franchisees need to budget for and secure appropriate workers' compensation and employer liability insurance that complies with local regulations. They must also ensure that their insurance policies meet Aira Fitness's standards for carrier ratings and include the required endorsements to protect Aira Fitness's interests. Failing to comply with these insurance requirements could result in a breach of the franchise agreement.