Does Buildingstars assume liability if a franchisee participates in the insurance program?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
BUILDINGSTARS makes this program available to qualified franchisees and will continue to do so in its sole discretion, but assumes no liability in connection therewith.
The cost of the Insurance Program Fee are subject to change. BUILDINGSTARS reserves the right to change, modify, or discontinue the Insurance Program at any time. FRANCHISEE further
reserves the right to terminate FRANCHISEE'S right to remain in the Insurance Program at any time upon prior written notice to FRANCHISEE, for any reason, including, but not limited to FRANCHISEE'S failure to comply with any of the terms of this Agreement.
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, Buildingstars does not assume liability if a franchisee participates in the insurance program. Buildingstars makes the insurance program available to qualified franchisees at its sole discretion.
If a Buildingstars franchisee elects to participate in the insurance program, they must pay an Insurance Program Fee monthly. This fee is currently 3.5% of Gross Sales from the Business but is subject to change. Buildingstars withholds this fee from the billings it collects for the franchisee. The Insurance Program Fee is non-refundable.
Buildingstars retains the right to change, modify, or discontinue the Insurance Program at any time. Buildingstars also reserves the right to terminate a franchisee's participation in the Insurance Program with prior written notice for any reason, including failure to comply with the terms of the Franchise Agreement. Therefore, franchisees should carefully consider the terms and conditions of the insurance program and their own insurance needs.