What documentation of insurance coverage is required by Big Air Trampoline Park before opening?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
You may not open your Big Air Trampoline Business until: (1) we notify you in writing that all of your pre-opening obligations have been fulfilled; (2) initial training is completed to our satisfaction; (3) all amounts due to us have been paid; (4) we have been furnished with copies of all insurance policies and certificates required by the Franchise Agreement, or other documentation of insurance coverage and payment of premiums that we request; (5) you notify us that all approvals and conditions set forth in the Franchise Agreement have been met; (6) you have received all required permits and licenses; (7) you have provided us with a fully executed copy of the Lease for the Big Air Trampoline Facility; and (8) you have ordered, received and installed your equipment, supplies, uniforms, tools, products, inventory and Computer System. You must be prepared to begin operating your Big Air Trampoline Business immediately after we state that your Big Air Trampoline Business is ready for opening.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 26–34)
What This Means (2025 FDD)
According to Big Air Trampoline Park's 2025 Franchise Disclosure Document, before opening, franchisees must furnish copies of all insurance policies and certificates required by the Franchise Agreement, or other documentation of insurance coverage and payment of premiums that Big Air Trampoline Park requests. This is one of several conditions that must be met before a Big Air Trampoline Park franchise can open for business.
This requirement ensures that franchisees have adequate insurance coverage to protect both the franchisee and Big Air Trampoline Park from potential liabilities. Franchisees must provide the necessary documentation to the franchisor as proof of coverage and premium payment. The franchisor retains the right to request specific documentation to verify compliance with insurance requirements.
Meeting this requirement is crucial for franchisees, as failure to provide the required insurance documentation can delay or prevent the opening of their Big Air Trampoline Park location. Franchisees should work closely with their insurance providers to ensure they obtain the necessary coverage and documentation in a timely manner. It is also important to maintain these insurance policies throughout the term of the franchise agreement.