Is workers compensation and disability insurance always required 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 d
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–30)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, whether workers compensation and disability insurance is required depends on the franchisee's specific circumstances. The FDD indicates that these types of insurance are not universally mandated but are required "if required".
Brain Balance estimates initial investment costs, including insurance premiums. These estimates are based on average premiums calculated by insurance brokers designated by Brain Balance. These brokers negotiate rates nationally for various types of coverage, including commercial general liability, professional liability, commercial automobile liability, and employment practices liability insurance (EPLI). The inclusion of workers compensation and disability insurance in this estimate is conditional, depending on whether it is required for the specific franchise location.
Prospective Brain Balance franchisees should clarify with Brain Balance and their insurance broker whether workers' compensation and disability insurance are necessary for their specific location and business circumstances. This will ensure they accurately budget for their initial investment and ongoing operational costs.