factual

Who benefits from the insurance policies obtained for the Baymont Inn Suites facility after the termination date?

Baymont_Inn_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

Unless we instruct you otherwise, your liability insurance policies will name as additional insureds Baymont Franchise Systems, Inc; Wyndham Hotels & Resorts, Inc.; Wyndham Hotel Group, LLC; and their current and former subsidiaries, affiliates, successors and assigns; as their respective interests may appear.

Source: Item 23 — RECEIPTS (FDD pages 97–443)

What This Means (2025 FDD)

Based on the 2025 Baymont Inn Suites Franchise Disclosure Document, during the term of the franchise agreement, Baymont Franchise Systems, Inc.; Wyndham Hotels & Resorts, Inc.; Wyndham Hotel Group, LLC; and their current and former subsidiaries, affiliates, successors and assigns are named as additional insureds on the franchisee's liability insurance policies, as their respective interests may appear.

However, the FDD excerpt does not specify who benefits from the insurance policies after the termination date of the franchise agreement. The document outlines the requirements for insurance coverage during the term of the agreement, including naming specific entities as additional insureds. It also discusses the franchisee's obligation to maintain this insurance and the franchisor's right to procure insurance if the franchisee fails to do so.

To clarify who benefits from the insurance policies after the termination date, a prospective Baymont Inn Suites franchisee should directly ask the franchisor for specific details regarding insurance requirements and coverage after the franchise agreement ends. This inquiry should cover who is covered by the policy and what liabilities are covered during that period.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.