What is the minimum employer's liability coverage per incident required for a Canine Dimensions franchise?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
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- 12.2.3 an umbrella liability insurance policy with minimum liability coverage of Two Million Dollars ($2,000,000);
- 12.2.4 employer's liability of One Million Dollars ($1,000,000) per incident and Workers' Compensation or other employer's liability insurance as well as suc
Source: Item 22 — CONTRACTS (FDD page 36)
What This Means (2025 FDD)
According to Canine Dimensions' 2025 Franchise Disclosure Document, franchisees must maintain employer's liability insurance of at least $1,000,000 per incident. This coverage is in addition to Workers' Compensation or other employer's liability insurance required by the state where the franchise is located.
This requirement means that a Canine Dimensions franchisee needs to secure an insurance policy that covers them for up to $1,000,000 for each incident involving employer liability. This protects the franchisee from significant financial risk in the event of an employee-related incident. It is important to note that this is a minimum requirement, and the franchisee may need to obtain higher coverage limits depending on their specific circumstances and the advice of their insurance provider.
Franchisees must ensure that they obtain the required insurance coverage no later than 15 days before commencing operations. Failure to maintain the required insurance coverage could result in a breach of the franchise agreement and potential legal and financial repercussions. It is also important to note that Canine Dimensions must be named as an additional insured on the franchisee's insurance policy.