Are the deductibles for the insurance policies maintained by a Degree Wellness Licensed Provider subject to review and approval by the Management Company?

According to Degree Wellness's 2025 Franchise Disclosure Document, the deductibles for the insurance policies that a Licensed Provider maintains must be in reasonable amounts. These deductibles are subject to review and written approval by the Management Company.

This means that as a Degree Wellness Licensed Provider, you will need to ensure that the deductibles you choose for your insurance policies are considered reasonable by the Management Company. The Management Company has the right to review and approve these deductible amounts in writing. This requirement ensures that the deductibles are not so high that they would effectively negate the purpose of having insurance coverage, protecting both the franchisee and the brand.

It is important for prospective Degree Wellness Licensed Providers to discuss these insurance requirements and deductible approval processes with the Management Company during their due diligence. Understanding the criteria used to assess the reasonableness of deductibles will help in budgeting for insurance costs and avoiding potential conflicts or delays in obtaining necessary approvals.