What is the minimum required amount for Professional liability insurance, including abuse and molestation coverage for owners and employees, that an Aira Fitness franchisee must maintain per occurrence?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
ements below.
| Type of Insurance | Minimum Amount |
|---|---|
| Commercial General Liability including Product | $1,000,000 per occurrence; |
| Liability and Personal and Advertising Injury | $2,000,000 in the aggregate |
| Fire Legal Liability: Damages to premises | $500,000 |
| Medical Expenses | $1,000 per accident |
| Professional liability including abuse and molestation (for owners and employees) | $1,000,000 per occurrence |
| Hired and Non-Owned Auto Liability | $1,000,000 per claim |
| Property – Special Form, including mechanical breakdown | $300,000 |
| Improvements and Betterments | Included |
| Business Income (12 months) | Actual loss sustained |
| Crime (employee dishonesty, theft and robbery) | $10,000 per occurrence |
| Cyber Liability (internet security and privacy insurance) | $25,000 per occurrence |
| Employment Practices Liability Insurance | $100,000 |
| Deductible | $1,000 |
| Defense Costs | In addition to policy limits |
| Commercial Umbrella Liability | $10,000,000 per occurrence and $10,000,000 in the aggregate |
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.
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 are required to maintain professional liability insurance, including abuse and molestation coverage for owners and employees. The minimum required amount for this coverage is $1,000,000 per occurrence. This insurance must be purchased from an approved supplier.
Maintaining adequate insurance coverage is a standard requirement in franchising, designed to protect both the franchisee and the franchisor from potential liabilities. The specific coverage amounts and types can vary depending on the nature of the business and the associated risks. For Aira Fitness, the inclusion of abuse and molestation coverage highlights the importance of protecting clients and employees within the fitness environment.
Prospective Aira Fitness franchisees should factor the cost of this insurance into their overall financial planning. It is also important to confirm with Aira Fitness which suppliers are approved to provide this insurance and to understand the process for obtaining approval for alternative suppliers if desired. Furthermore, franchisees should ensure they fully understand the terms and conditions of the insurance policy to ensure adequate protection.