What is the minimum required coverage for Comprehensive or Commercial General Liability Insurance that Chicken Guy requires?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
y from time to time. Developer will be required to pay all travel, living, food and other incidental expenses incurred by Developer and its employees while attending development training and optional development training.
- I. Delegation. Chicken Guy has the right, from time to time, to delegate the performance of any portion or all of its obligations and duties under this Agreement to designees, whether affiliates or agents of Chick
Source: Item 23 — RECEIPTS (FDD pages 50–286)
What This Means (2025 FDD)
According to Chicken Guy's 2025 Franchise Disclosure Document, franchisees are required to maintain Comprehensive or Commercial General Liability Insurance. This insurance must include coverage for bodily injury, personal injury, products liability, contractual liability, broad form property damage, non-owned automobiles, and completed operations on an occurrence basis.
The minimum policy limits required are $1,000,000 per occurrence and $2,000,000 in the aggregate. This means that for each individual incident, the policy will cover up to $1,000,000 in damages, and the total coverage available under the policy for all incidents within a year is $2,000,000.
Chicken Guy also stipulates that all insurance policies must be written by an insurance company satisfactory to them and comply with the standards, specifications, coverages, and limits set forth in the Manual or otherwise provided to the franchisee in writing. Chicken Guy may increase the minimum required coverage and require different or additional kinds of insurance to reflect inflation, changes in standards of liability, higher damage awards, or other relevant changes in circumstances. The franchisee will receive written notice of such modifications and must take prompt action to secure the additional coverage or higher policy limits.