What is EPLI insurance for a Brain Balance center?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
mercial space would need to be approved through us.
- Note 6: The figures in the chart are based upon the estimated average premiums calculated by the insurance brokers designated by us who have negotiated rates with carriers nationally as first years' premium for Commercial general liability and Professional Liability coverage, including, but not limited to, education services ($1,000,000 per occurrence and $3,000,000 in the aggregate), commercial automobile liability insurance covering vehicles that are owned, nonowned, or hired by the Franchised Business, providing bodily injury and property damage, Employment Practices Liability Insurance ("EPLI"), and workers compensatio
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–30)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, the cost of Employment Practices Liability Insurance (EPLI) is factored into an estimated average premium. This premium is calculated by insurance brokers designated by Brain Balance, who negotiate rates with carriers nationally.
The overall insurance estimate includes Commercial general liability and Professional Liability coverage, with limits of $1,000,000 per occurrence and $3,000,000 in the aggregate for education services. It also covers commercial automobile liability insurance for owned, non-owned, or hired vehicles, providing bodily injury and property damage, as well as workers compensation and disability insurance, if required.
Prospective franchisees should note that the EPLI cost is not broken out as a separate line item but is part of a bundled insurance estimate. Franchisees should consult with the designated insurance brokers to understand the specific EPLI coverage and costs applicable to their Brain Balance center, as well as to ensure they meet all insurance requirements outlined in Item 8 of the FDD.