What is the minimum liability coverage required for the umbrella liability insurance policy for a Canine Dimensions franchise?

According to Canine Dimensions' 2025 Franchise Disclosure Document, franchisees are required to maintain an umbrella liability insurance policy with a minimum liability coverage of $2,000,000. This is in addition to other required insurance coverages, such as comprehensive general liability, automobile liability, employer's liability, and professional liability insurance.

The umbrella policy serves as an extra layer of protection above the other liability policies. Should a claim exceed the limits of the primary policies, the umbrella policy would provide additional coverage up to its limit. This type of insurance is common in franchising to protect both the franchisee and the franchisor from potentially large financial losses due to lawsuits or other claims.

Canine Dimensions retains the right to modify the required insurance coverage amounts and types in the future to reflect changes in inflation, new risks, legal standards, or other relevant circumstances. Franchisees must ensure that all required policies remain in effect throughout the term of the Franchise Agreement and any renewals. Additionally, Canine Dimensions (and potentially its directors, employees, or shareholders) must be named as an additional insured on each policy, and the franchisee must provide 30 days' advance written notice of any material changes, cancellations, or expirations of the policies.