What is the minimum coverage limit required for the 'umbrella' policy providing excess coverage for Cicis' automobile liability, general liability, and employers liability policies?

According to Cicis' 2025 Franchise Disclosure Document, franchisees are required to maintain an 'umbrella' policy that provides excess coverage for automobile liability, general liability, and employers liability. The minimum coverage limit for this umbrella policy must be no less than $1,000,000.

This insurance requirement is designed to protect both the franchisee and Cicis from significant financial losses resulting from potential liabilities. By having an umbrella policy with a $1,000,000 limit, franchisees gain an extra layer of financial protection beyond their primary insurance policies. This can be crucial in covering legal fees, settlements, or judgments that exceed the limits of the underlying automobile, general, and employer's liability policies.

It is important for prospective Cicis franchisees to factor in the cost of this insurance coverage when evaluating the overall investment required to start and operate a franchise. Franchisees should also consult with an insurance professional to determine if additional coverage is necessary to adequately protect their specific business circumstances, as Cicis states that their minimum requirements are not representations that the coverage is sufficient to protect the franchisee's interests.