What documentation of insurance coverage does Big Air Trampoline Park require before opening?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
- 8.15 Franchisee may not open its Big Air Trampoline Business until: (1) Franchisor notifies Franchisee in writing that all of Franchisee's obligations have been fulfilled; (2) the initial training program has been completed to Franchisor's satisfaction; (3) all amounts due to Franchisor have been paid; (4) Franchisor has been furnished with copies of all insurance policies and certificates required by Section 12, or other documentation of insurance coverage and payment of premiums that Franchisor may request, in Franchisor's discretion; (5) Franchisee notifies Franchisor that all approvals and conditions set forth in this Agreement have been met; (6) Franchisee has obtained all necessary permits and licenses; (7) Franchisee has provided Franchisor with a fully executed copy of the Lease for Franchisee's Big Air Trampoline Facility negotiated in accordance with the terms of Section 8.3(b), and (8) Franchisee has ordered, received and installed all equipment, supplies, inventory, tools, products, uniforms and computer hardware and software required by Franchisor ("Computer System"). Franchisee shall begin operating the Big Air Trampoline Business immediately after Franchisor determines that the Big Air Trampoline Business is ready for opening.
Source: Item 23 — RECEIPT (FDD pages 53–255)
What This Means (2025 FDD)
According to the 2025 FDD, Big Air Trampoline Park requires franchisees to furnish copies of all insurance policies and certificates before opening their Big Air Trampoline Business. Specifically, the franchisee must provide copies of all insurance policies and certificates required by Section 12, or other documentation of insurance coverage and payment of premiums that Big Air Trampoline Park may request, in its discretion.
This requirement is part of a set of conditions that must be fulfilled before a franchisee can open their Big Air Trampoline Park location. Other conditions include written notification from Big Air Trampoline Park that all obligations have been met, completion of the initial training program, payment of all due amounts, notification to Big Air Trampoline Park that all approvals and conditions have been met, obtaining all necessary permits and licenses, providing a fully executed copy of the Lease, and ordering, receiving, and installing all required equipment and software.
Big Air Trampoline Park retains the discretion to request various forms of documentation related to insurance coverage and premium payments. Meeting these insurance documentation requirements is essential for a franchisee to proceed with the opening of their Big Air Trampoline Park business.