During what period must a Canine Dimensions franchisee maintain all required insurance policies?

According to Canine Dimensions's 2025 Franchise Disclosure Document, a franchisee must maintain all required insurance policies throughout the entire term of the Franchise Agreement, including any renewal terms. This requirement ensures continuous coverage during the franchisee's operation.

The required insurance coverage includes comprehensive general liability coverage with minimum liability coverage of $1,000,000 per occurrence and $2,000,000 aggregate, automobile liability (split limit) of $250,000 per person, $500,000 per accident, and $100,000 property damage, an umbrella liability insurance policy with minimum liability coverage of $2,000,000, employer's liability of $1,000,000 per incident and Workers' Compensation, professional liability insurance of $25,000 per incident, and any other insurance that Canine Dimensions may require in the future or that may be required according to the law or the terms of the lease.

Canine Dimensions retains the right to modify the required coverage amounts or types of insurance at any time to reflect changes such as inflation, new risks, changes in law, or higher damage awards. Franchisees must ensure that each insurance policy names Canine Dimensions (and, if requested, their directors, employees, or shareholders) as additional insureds and provides Canine Dimensions with 30 days' advance written notice of any material modification, cancellation, or expiration of the policy. This allows Canine Dimensions to protect its interests and ensure continuous coverage.

Failure to maintain the required insurance coverage could result in a breach of the Franchise Agreement, potentially leading to penalties or termination of the franchise. Prospective franchisees should carefully review the insurance requirements and associated costs to ensure they can meet these obligations throughout the term of their agreement.