Where are the minimum coverage requirements for insurance policies for a Beverly Anns Cookie franchise prescribed?

According to Beverly Anns Cookie's 2025 Franchise Disclosure Document, the minimum coverage requirements for insurance policies are prescribed in the Brand Manual or other written communications. Before opening, franchisees must procure and maintain several types of insurance. These include worker's compensation insurance of at least $500,000 (or more if required 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 of at least $1,000,000, and automobile (truck) vehicle liability insurance of at least $1,000,000.

Beverly Anns Cookie may also periodically require additional insurance. All policies must contain the minimum coverage amounts that Beverly Anns Cookie prescribes in its Brand Manual or other written communications and must have deductibles not exceeding specified amounts. Except for employment liability insurance, these policies must name Beverly Anns Cookie and its designated affiliates as additional insureds.

If a franchisee's state requires higher coverage levels, they must obtain insurance that satisfies those state law requirements. Beverly Anns Cookie can also periodically increase the required coverage amounts or require different or additional insurance to reflect factors like inflation, new risks, changes in law, or higher damage awards, as detailed in the Brand Manual. Franchisees may purchase insurance through Beverly Ann's Cookie's affiliate. Failure to maintain required insurance allows Beverly Anns Cookie to obtain coverage on the franchisee's behalf, with the franchisee responsible for all costs and a 20% administrative surcharge.