What waiver must be included in a Chocolate Bash franchisee's insurance policies (other than Workers Compensation)?

According to Chocolate Bash's 2024 Franchise Disclosure Document, a franchisee's insurance policies (excluding Workers Compensation) must include a waiver of subrogation in favor of CB Franchising and its affiliates.

In practical terms, this waiver prevents the insurance company from pursuing Chocolate Bash or its affiliates to recover any payments made to the franchisee for a covered loss. This requirement protects Chocolate Bash from potential financial liabilities and legal actions by the franchisee's insurance provider.

Additionally, the franchisee's policies must list CB Franchising and its affiliates as an additional insured, be primary and non-contributing with any insurance carried by Chocolate Bash or its affiliates, and stipulate that Chocolate Bash receive 30 days' prior written notice of cancellation. These stipulations ensure that Chocolate Bash is well-informed and protected under the franchisee's insurance coverage.