factual
When must I have the required insurance policies for a City Publications franchise?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Insurance Policies | Amount of unpaid premiums | You must have the policies within 180 days after signing the Franchise Agreement | Payable to us only if you fail to maintain required insurance coverage and we elect to obtain coverage for you. (Section 16.D) |
Source: Item 6 — OTHER FEES (FDD pages 10–13)
What This Means (2025 FDD)
According to City Publications's 2025 Franchise Disclosure Document, a franchisee must have the required insurance policies in place within 180 days after signing the Franchise Agreement. If a franchisee fails to maintain the required insurance coverage, City Publications has the option to obtain the coverage themselves, and the franchisee would then be responsible for reimbursing City Publications for the amount of the unpaid premiums.
Disclaimer: This information is extracted from the 2025 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.