What is the required action for a Bens Soft Pretzels franchisee regarding the insurance certificate?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
You must deliver to us upon execution of the lease or purchase agreement for the Authorized Location, but before commencing construction of your Store, and thereafter annually or at our request a proper certificate evidencing the existence of such insurance coverage and your compliance with the provisions of this subparagraph.
The insurance certificate must show our and our affiliates' status as an additional insured and provide that we will be given 30 days' prior written notice of material change in or termination or cancellation of the policy.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 18–22)
What This Means (2025 FDD)
According to Bens Soft Pretzels's 2025 Franchise Disclosure Document, a franchisee must provide an insurance certificate. Specifically, the franchisee must deliver a certificate to Bens Soft Pretzels upon executing the lease or purchase agreement for the authorized location, but before starting construction of the store. This certificate must be provided annually thereafter or at Bens Soft Pretzels's request.
The insurance certificate must demonstrate that Bens Soft Pretzels and its affiliates are listed as additional insured parties. Furthermore, the certificate must guarantee that Bens Soft Pretzels will receive a 30-day prior written notice regarding any significant changes, termination, or cancellation of the insurance policy.
This requirement ensures that Bens Soft Pretzels is protected by the franchisee's insurance coverage and is informed of any changes that could affect that coverage. The franchisee bears the responsibility of securing and maintaining the necessary insurance and providing proof of such coverage to Bens Soft Pretzels in a timely manner.