What minimum employers' liability limits are required for Beard Papas franchisees?

According to Beard Papas's 2025 Franchise Disclosure Document, franchisees must maintain statutory workers' compensation and employers' liability insurance. The employers' liability coverage must have limits of at least $1,000,000. This coverage is required by the law of the state in which the franchised business is located.

In practical terms, this means a Beard Papas franchisee needs to secure an insurance policy that covers them if an employee is injured or becomes ill due to their work. The $1,000,000 limit is the minimum amount the insurance company will pay out for such claims. Franchisees should consult with their insurance carrier to determine if higher coverage limits are necessary based on their specific circumstances and risk exposure.

It's important to note that this is just one component of the overall insurance requirements for Beard Papas franchisees. They must also maintain other types of insurance, such as general liability, business automobile, and business interruption coverage, each with its own minimum limits. Failing to maintain the required insurance coverage could result in a breach of the franchise agreement.