What are the minimum limits for umbrella liability insurance required for a Dermani Medspa franchise?

According to Dermani Medspa's 2025 Franchise Disclosure Document, franchisees are required to maintain umbrella liability insurance with minimum limits of $2,000,000 per occurrence and $2,000,000 annual aggregate.

In addition to umbrella liability insurance, Dermani Medspa requires franchisees to maintain other insurance coverages, including commercial general liability insurance, automobile liability insurance, workers' compensation insurance, and medical professional liability insurance. The franchisor, dermani MEDSPA® Franchising LLC and its parent company LazCoz LLC, must be named as an additional insured on a primary and non-contributory basis on the commercial general liability insurance, automobile liability insurance, professional liability, and umbrella liability insurance policies.

Dermani Medspa retains the right to increase the required coverage amounts or require different or additional insurance coverage at any time to reflect inflation, new risks, changes in law, or higher damage awards. Franchisees must provide Dermani Medspa with copies of their insurance certificates and evidence of premium payments. Failure to maintain the required insurance may result in Dermani Medspa obtaining insurance on the franchisee's behalf, with the franchisee responsible for reimbursing all premiums, costs, and expenses, plus a 10% administrative fee.