What form of evidence is required for Bumper Man insurance coverage?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
- (b) Proof of Insurance. At least two weeks prior to the Commencement Date, thereafter, at least 30 days prior to the expiration of any such policy, Franchisee will deliver to Franchisor evidence of such insurance in the form of certificates evidencing such coverage as well as endorsements reflecting the requirements of this Section 13 and all language wherever found in the policies that related to the determination of who is an additional insured, and the scope of the additional insured's coverage. Franchisor has the right, but not the obligation to inspect any actual policies required under this Agreement for compliance with all specified coverage, terms, conditions, endorsements, and limits relative to this Agreement.
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to Bumper Man's 2025 Franchise Disclosure Document, franchisees must provide evidence of insurance coverage to the franchisor. Specifically, at least two weeks before the business's commencement date, and then 30 days before any policy's expiration, the franchisee must deliver certificates evidencing coverage.
These certificates must also include endorsements that reflect the insurance requirements outlined in the franchise agreement. This includes any policy language that determines who is an additional insured and the scope of their coverage.
Bumper Man retains the right, but not the obligation, to inspect the actual insurance policies to ensure compliance with all specified coverage terms, conditions, endorsements, and limits. This ensures that franchisees maintain the minimum required insurance and that Bumper Man is adequately protected as an additional insured.