When must a Beehive Homes franchisee furnish the Franchisor with copies of insurance policies or certificates?

According to Beehive Homes' 2025 Franchise Disclosure Document, a franchisee must provide the franchisor with current copies of insurance policies or certificates under the following circumstances: prior to opening the Home, within thirty (30) days after each policy renewal, and as reasonably requested by Franchisor.

Beehive Homes requires franchisees to maintain specific insurance coverage throughout the term of the agreement. This includes worker's compensation insurance, commercial general liability/professional liability insurance with a $1,000,000 per occurrence/$2,000,000 aggregate limit (including a Sexual Abuse & Molestation rider with a limit of at least $1,000,000), and property damage insurance covering the Home and its contents for replacement value.

The insurance policies must name Beehive Homes, its affiliates, and designees as additional insureds and provide thirty (30) days' written notice to Beehive Homes before cancellation. The insurance companies must also be approved by Beehive Homes. This ensures that Beehive Homes is protected against potential liabilities and claims related to the franchisee's operations.

It is the franchisee's responsibility to ensure that all premiums are paid and to provide evidence of payment along with the insurance documentation. Failure to comply with these insurance requirements could result in a breach of the franchise agreement and potential penalties.