What section in the Basecamp Fitness Franchise Agreement covers the franchisee's obligation for insurance?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations. Specifically, it indicates that the franchisee's obligation to maintain insurance is detailed in Section 11 of the Franchise Agreement. This means that prospective Basecamp Fitness franchisees should carefully review Section 11 to understand the types and amounts of insurance they are required to carry during the term of their franchise agreement.

Understanding the insurance requirements is crucial for franchisees as it directly impacts their operating costs and risk management strategy. Franchisees must ensure they obtain the necessary coverage to protect their business from potential liabilities, property damage, and other unforeseen events. Failure to comply with the insurance requirements outlined in Section 11 could result in a breach of the Franchise Agreement, potentially leading to penalties or even termination of the franchise.

In addition to Section 11 of the Franchise Agreement, Item 7 of the FDD also contains information regarding insurance requirements. Prospective Basecamp Fitness franchisees should review both sections carefully and consult with an insurance professional to ensure they fully understand and can meet the franchisor's requirements. This proactive approach will help franchisees mitigate risks and maintain a compliant and financially stable business.