Can the deductibles for insurance policies for a Beverly Anns Cookie franchise exceed the amounts specified by Beverly Anns Cookie?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
All of these policies must contain the minimum coverage we periodically prescribe in our Brand Manual or other written communications to you and must have deductibles not to exceed the amounts we specify.
Source: Item 23 — RECEIPTS (FDD pages 57–235)
What This Means (2025 FDD)
According to Beverly Anns Cookie's 2025 Franchise Disclosure Document, the insurance policies obtained by a franchisee must have deductibles that do not exceed the amounts specified by Beverly Anns Cookie.
Beverly Anns Cookie requires franchisees to procure and maintain several types of insurance, including worker's compensation insurance (at least $500,000 or a higher amount as prescribed by state statute), comprehensive business automobile insurance (covering the cost of the GR Vehicle with a maximum $5,000 deductible), comprehensive general liability and product liability insurance (not less than $1,000,000), and automobile vehicle liability insurance (not less than $1,000,000). Beverly Anns Cookie also has the right to periodically require additional insurance coverage.
All insurance policies, except for employment liability insurance, must name Beverly Anns Cookie and any designated affiliates as additional insureds. Franchisees must provide evidence of insurance coverage before opening their Beverly Anns Cookie franchise for business. Failing to comply with these insurance requirements could result in a breach of the franchise agreement.