When must a Desi District franchisee provide Certificates of Insurance to Desi District Franchise Group?

According to Desi District's 2024 Franchise Disclosure Document, a franchisee must provide Certificates of Insurance to Desi District Franchise Group in the following instances: prior to opening their Desi District location, upon annual renewal of their insurance coverage, and at any time upon request from Desi District Franchise Group.

This requirement ensures that Desi District has proof of the franchisee's insurance coverage, protecting both the franchisee and the franchisor from potential liabilities. The insurance policies, excluding Workers' Compensation, must list Desi District Franchise Group and its affiliates as additional insured, include a waiver of subrogation in favor of Desi District and its affiliates, be primary and non-contributing with any insurance carried by Desi District or its affiliates, and stipulate that Desi District receive 30 days' prior written notice of cancellation.

For a prospective Desi District franchisee, this means they need to plan ahead to secure the necessary insurance coverage and provide the certificates promptly to avoid any delays in opening their business. They also need to maintain this insurance coverage throughout the term of the franchise agreement and be responsive to any requests from Desi District for updated certificates.