What documentation must a Crave franchisee provide to demonstrate self-insurance of Worker's Compensation obligations?

The 2025 Crave Franchise Disclosure Document outlines insurance requirements but does not specify the exact documentation a franchisee must provide to demonstrate self-insurance for Worker's Compensation. However, it does state that if the landlord accepts self-insurance, the franchisee agrees to fulfill the obligations of any endorsement or Certificate of Insurance required under Section 14.2 of the lease agreement, as well as any requirements in appendices, amendments, or attachments to the lease. These obligations then become the franchisee's responsibilities under the lease.

Crave requires franchisees to maintain worker's compensation insurance for statutory limits and employer's liability insurance in amounts not less than $1,000,000 per accident, $1,000,000 each employee per disease, and $1,000,000 policy limit per disease. The insurance policies must be underwritten by insurers licensed and permitted to write coverage in the state where the franchised business is located.

To ensure compliance, a prospective Crave franchisee should clarify with the franchisor and landlord the specific documentation needed to demonstrate self-insurance for Worker's Compensation. This may include audited financial statements, a Dun & Bradstreet report, or other documentation deemed necessary to prove the franchisee's ability to cover potential worker's compensation claims.