factual

What is the minimum limit for Data Breach coverage required for a Cinch I.T. franchise?

Cinch_I_T Franchise · 2024 FDD

Answer from 2024 FDD Document

(d) We reserve the right to increase the minimum limits listed above as well as to change or add new types of required coverage as set forth in greater detail in the Operations Manual.

Source: Item 23 — RECEIPTS (FDD pages 60–269)

What This Means (2024 FDD)

I am unable to provide the minimum limit for Data Breach coverage required for a Cinch I.T. franchise, according to the 2024 Franchise Disclosure Document. While the document discusses insurance requirements, it does not specify the minimum coverage limit for data breaches. The FDD mentions that Cinch I.T. reserves the right to increase minimum limits or add new types of coverage, with details potentially found in the Operations Manual. A prospective franchisee should consult the Operations Manual or directly ask Cinch I.T. about the specific data breach insurance requirements.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.

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