Where can an Apricot Lane franchisee find the required insurance specifications?

According to Apricot Lane's 2025 Franchise Disclosure Document, the required insurance specifications are provided to the franchisee in writing in the Confidential Operations Manual or otherwise. These specifications may be modified from time to time as Apricot Lane deems necessary or appropriate in its reasonable discretion.

The franchisee is required to procure and maintain insurance policies that protect both the franchisee and Apricot Lane, including its officers, directors, partners, and employees, against loss or liability. The types and amounts of coverage must meet Apricot Lane's requirements, including commercial general liability, products liability coverage, all-risk coverage on the franchised business, business interruption insurance, automobile liability insurance, and workers' compensation insurance. Apricot Lane must be named as an additional insured in these policies.

The insurance policies must be written by a licensed insurance company in the state where the franchisee operates, with at least an "A" Rating Classification as indicated in Best's Key Rating Guide. Within 60 days of signing the Franchise Agreement, but no later than acquiring an interest in the real property, the franchisee must furnish Apricot Lane with a Certificate of Insurance for approval. This certificate must state that the policies will not be canceled or altered without at least 30 days prior written notice to Apricot Lane and must reflect proof of premium payment. If the franchisee fails to maintain the required insurance coverage, Apricot Lane has the right, but not the obligation, to procure such coverage and charge the costs, along with a reasonable fee, to the franchisee.