What employer's liability limits are required for Bft's workers compensation insurance for each accident?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
is requirement only applies to the extent that owned, leased or hired/rented vehicles are used in the operation of the Franchise.
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- Workers Compensation insurance covering all of your employees with statutory coverage and limits as required by state law. Such insurance shall include coverage for Employer'
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 32–36)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, franchisees are required to maintain workers compensation insurance that includes employer's liability coverage. The minimum limit for employer's liability is $500,000 for each accident. Additionally, the insurance must cover $500,000 for each employee in the event of a disease, and $500,000 as the policy limit for disease.
This requirement ensures that Bft franchisees have adequate financial protection in the event of employee injuries or illnesses sustained during their employment. It is important for franchisees to secure appropriate workers' compensation insurance to comply with state law and to protect themselves from potential liabilities.
Franchisees should consult with an insurance professional to ensure they obtain the correct coverage and limits to meet Bft's requirements and comply with all applicable state laws. Failing to maintain the required insurance coverage could result in a breach of the franchise agreement and potential legal and financial repercussions.