What is the required general aggregate limit for general liability insurance that Anago franchisees must maintain?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
, home address and telephone number within 10 days of the change. You release Us and Our officers, directors, stockholders, agents and legal successors and assigns from all causes of action, suits, debts, covenants, agreements, damages, judgments, claims and demands, in law or in equity, that You ever had, now have, or that You later may have from Our disclosure of Your name, home address and telephone number.
ARTICLE 9 - INSURANCE
SECTION 9.1 TYPES AND AMOUNTS OF COVERAGE.
You must obtain and maintain insurance, covering Your Anago Unit Franchise, at Your expense, as We require, in addition to all other insurance that may be required by applicable law, Your landlord, lender or otherwise. You ar
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, franchisees must maintain commercial general liability insurance with a general aggregate limit of $2,000,000. This insurance coverage is intended to protect both the franchisee and Anago from potential liabilities arising from bodily injury or property damage.
In practical terms, this means that an Anago franchisee needs to secure an insurance policy that provides up to $2,000,000 in total coverage for all claims made against the business during the policy period. This requirement ensures that franchisees have sufficient financial resources to cover potential legal and financial obligations resulting from accidents, injuries, or damages related to their business operations.
It is important to note that Anago must be named as an additional insured on the franchisee's policy. Additionally, Anago retains the right to periodically adjust the required coverage amounts to reflect changes in inflation, legal standards, or other relevant circumstances. Franchisees are responsible for covering all deductibles should a claim arise. Failing to maintain the required insurance can result in Anago procuring insurance on the franchisee's behalf and charging the franchisee for the cost.