When must a Care Plus Medical Ucc franchisee provide Certificates of Insurance?

According to Care Plus Medical Ucc's 2024 Franchise Disclosure Document, a franchisee must provide Certificates of Insurance to Care Plus Medical Ucc at three specific times. First, the franchisee must provide the certificates before opening their business. Second, they must provide them upon the annual renewal of their insurance coverage. Finally, Care Plus Medical Ucc can request these certificates at any time.

This requirement ensures that Care Plus Medical Ucc franchisees maintain the necessary insurance coverage to protect both their business and the Care Plus Medical Ucc brand. The insurance policies must be in the types and amounts specified in the manual. If not specified in the manual, the franchisee must maintain certain minimum coverage levels, including property insurance, business interruption insurance, commercial general liability insurance ($1,000,000 single limit per occurrence and $2,000,000 aggregate limit), business automobile liability insurance ($1,000,000), and workers compensation coverage as required by state law.

The policies, with the exception of Workers Compensation, must also (1) list Care Plus Medical UCC and its affiliates as an additional insured, (2) include a waiver of subrogation in favor of Care Plus Medical UCC and its affiliates, (3) be primary and non-contributing with any insurance carried by Care Plus Medical UCC or its affiliates, and (4) stipulate that Care Plus Medical UCC shall receive 30 days' prior written notice of cancellation. This protects Care Plus Medical Ucc from potential liabilities related to the franchisee's business operations and ensures they are informed of any changes to the franchisee's insurance coverage.