Where can I find the required insurance policy amounts for my Beauty Bungalows franchise?

According to Beauty Bungalows's 2025 Franchise Disclosure Document, the specific amounts for required insurance policies are detailed in the Manual. Item 6 outlines that franchisees must maintain insurance policies in amounts specified by Beauty Bungalows periodically in the Manual. The insurance coverage must include general liability, combined single limit, bodily injury, and property damage insurance for premises operations, and all other occurrences against claims of any person, employee, customer, agent, or otherwise.

If a franchisee fails to maintain the required insurance, Beauty Bungalows has the right to obtain insurance on the franchisee's behalf. In such cases, the franchisee is responsible for reimbursing Beauty Bungalows for the cost of the insurance, plus an additional 10% of the premium to cover administrative costs. This is detailed in Item 6 under the 'Insurance' fee, which states that the franchisee will be charged the actual costs of obtaining insurance on their behalf plus a 10% administrative fee, payable on demand.

Prospective franchisees should carefully review the Manual to understand the specific insurance policy amounts and coverage required by Beauty Bungalows. It is important to factor in these insurance costs when assessing the overall financial investment required to operate a Beauty Bungalows franchise. Franchisees should also be aware of the potential for Beauty Bungalows to procure insurance on their behalf if they fail to do so, and the associated administrative fee.