Is an Anago franchisee required to be covered under the Anago National Insurance program?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
ry by state and various other factors in your area. You are required to be covered under the Anago National Insurance program for the entire Term (See Item 8).
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- In every business start-up, there are numerous unanticipated costs, for example, licenses and permits, professional fees for accountants or additional fees for attorneys, or utility deposits.
Source: Item 7 — YOUR ESTIMATED INITIAL INVESTMENT (FDD pages 19–22)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, franchisees are required to be covered under the Anago National Insurance program for the entire term of their agreement. Item 7 of the FDD includes an estimated insurance cost ranging from $5,000 to $10,000, which covers a 6-month premium for general liability, umbrella liability, crime, casualty, and workers' compensation, depending on state requirements. This insurance must be purchased for the business.
The FDD notes that insurance premiums can vary by state and other factors specific to the franchisee's area. This suggests that the actual cost of the insurance may differ from the estimated range provided. The franchisee will make payments to Anago for the insurance coverage as arranged.
Being required to participate in the Anago National Insurance program ensures that all franchisees have a baseline level of coverage, potentially simplifying the insurance procurement process. However, franchisees should verify that the national program provides adequate coverage for their specific needs and circumstances, as well as comparing the costs and benefits to those of obtaining insurance independently.