What is the minimum general aggregate limit required for Commercial General Liability Insurance for a Cicis restaurant?

According to Cicis's 2025 Franchise Disclosure Document, franchisees are required to maintain Commercial General Liability Insurance with specific coverage limits. The minimum general aggregate limit required is $2,000,000. This insurance must also include personal injury, advertising injury, completed operations, products liability, and fire damage coverage, with a $1,000,000 per occurrence limit. Additionally, there is a $2,000,000 product aggregate limit, fire legal liability of $50,000, and a premises medical limit of $2,500.

This requirement ensures that Cicis franchisees have adequate financial protection against potential liabilities arising from their business operations. The general aggregate limit represents the maximum amount the insurance company will pay for all claims during the policy period. Meeting these insurance requirements is mandatory before a Cicis restaurant opens and throughout its operation, highlighting the importance Cicis places on risk management and protection for both the franchisee and the brand.

Furthermore, Cicis requires that the insurance coverage be obtained from responsible carriers with a rating of "A VII" or better by A.M. Best Company, Inc. This ensures that the insurance provider is financially stable and capable of meeting its obligations. Cicis, its affiliates, and their officers, directors, shareholders, partners, agents, representatives, and employees must be named as additional insureds on all policies, and the policies must include a waiver of subrogation in favor of these parties. This protects Cicis from potential liabilities arising from the franchisee's operations and ensures that the insurance company cannot pursue claims against Cicis for losses covered by the policy. Franchisees must also provide a 30-day advance notice to the additional insureds in the event of policy cancellation, allowing Cicis time to ensure continuous coverage.