What is the minimum amount of cyber insurance coverage that Bee Organized franchisees must maintain?

According to Bee Organized's 2025 Franchise Disclosure Document, franchisees are required to maintain cyber insurance coverage. The minimum coverage amount must be at least $1,000,000, protecting against both first-party and third-party claims. This insurance requirement is part of a broader set of insurance obligations Bee Organized imposes on its franchisees to mitigate various business risks.

In addition to cyber insurance, Bee Organized franchisees must also secure other types of coverage, including property insurance, general liability insurance ($1,000,000 per occurrence and $2,000,000 in the aggregate), workers' compensation insurance ($1,000,000 limit), employer's liability insurance (limits of $500,000 to $1,000,000), business automobile insurance ($1,000,000 per occurrence), business interruption insurance (12 months of net income and continuing expenses), commercial umbrella liability insurance ($2,500,000 limit), and employment practices liability insurance ($1,000,000 limit). These requirements ensure comprehensive protection against potential liabilities and losses.

Bee Organized franchisees are advised to consult with their insurance carrier to determine the appropriate level of coverage needed for their specific business circumstances, as higher exposures may necessitate higher limits. Franchisees must ensure that all insurance policies are written by a reputable carrier acceptable to Bee Organized and that Bee Organized is named as an additional insured (excluding workers' compensation). Furthermore, insurance carriers must provide Bee Organized with at least 30 days' prior written notice of any material alterations or cancellations to the insurance policies. Franchisees must furnish a certificate of insurance to Bee Organized within 90 days after the Franchise Agreement's effective date or before the start of the initial training program.