What is the estimated cost range for insurance premiums for a Brain Balance center based on?
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 estimated average insurance premiums are based on calculations by insurance brokers designated by Brain Balance. These brokers have negotiated rates with carriers nationally for the first year's premium.
The insurance coverage 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 vehicles owned, non-owned, or hired by the Brain Balance franchise, providing bodily injury and property damage coverage.
Additionally, the insurance includes Employment Practices Liability Insurance (EPLI), and workers compensation and disability insurance, if required. This comprehensive insurance package aims to protect the franchisee from various potential liabilities and risks associated with operating a Brain Balance center.