Who must be named as additional insureds on the insurance policies of a Bigfoot Forestry franchisee?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
- (g) you purchase all required insurance policies and provide us with evidence of;
Source: Item 23 — RECEIPT (FDD pages 42–162)
What This Means (2025 FDD)
According to the 2025 Bigfoot Forestry Franchise Disclosure Document, franchisees must purchase all required insurance policies and provide evidence of such to the company. However, the FDD does not specify who must be named as additional insureds on those policies.
Because the FDD lacks this information, prospective franchisees should directly ask Bigfoot Forestry about the specific requirements for additional insureds. This is a crucial detail, as it affects the cost and scope of the required insurance coverage.
Understanding these requirements is essential for budgeting and ensuring compliance with Bigfoot Forestry's standards. Franchisees should also inquire about the types and amounts of coverage required, as these factors collectively determine the overall insurance expenses.