What insurance coverage is a Beverly Anns Cookie franchisee required to obtain and maintain?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
You must obtain and maintain, at your own expense, the insurance coverage we require, and satisfy other insurance-related obligations.
Please note that if you have had prior issues or claims from previous operations unrelated to the operation of a Beverly Ann's Business, your rates may be significantly higher than those estimated above.
You may, but are not required to, purchase this insurance through the captive insurance program offered through our affiliate.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 24–29)
What This Means (2025 FDD)
According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, franchisees must obtain and maintain the insurance coverage that Beverly Anns Cookie requires. The FDD specifies that this insurance is for the GRM/GRT (presumably the delivery vehicle) and covers the first three months of operation. The franchisee is responsible for covering the expense of this insurance.
Beverly Anns Cookie does offer a captive insurance program through an affiliate, but franchisees are not required to purchase insurance through this program. If a franchisee has had prior issues or claims from previous business operations unrelated to Beverly Ann's Cookie, their insurance rates may be significantly higher than estimated.
Beyond the basic requirement to obtain and maintain required insurance, the FDD does not specify the types or amounts of coverage franchisees must carry. A prospective franchisee should speak with the franchisor to understand the specific insurance coverages required, policy limits, and any other insurance-related obligations.