Who approves the insurance carriers for Face Foundrie franchisees?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
ees to support and upgrade the Computer System and Required Software. Franchisee will be required to pay the costs for technology licensed for use in the Facial Bar and with respect to the Computer System and Required Software. If Franchisor does not directly provide these services, Franchisee will be required to sign a separate agreement with Franchisor's designated provider of these services (which may be an Affiliate of Franchisor).
- 9.05 Insurance. Franchisee agrees to secure and maintain during the term of this Agreement, at its own cost, the following insurance policies by carriers approved by Franchisor:
- (a) Such insurance as may be required by the terms of any lease for the Facial Bar or, if there is no such lease, Franchisee agrees to carry fire and extended coverage insurance (including, if applicable, flood and earthquake coverage) covering the building and all equipment, supplies, products, inventory, furniture, fixtures and other tangible property located in the Facial Bar or at the Premises in the amount of the full replacement value of such property.
- (b) Commercial General Liability Insurance, including coverages for products/completed operations, contractual liability, personal and advertising injury, fire damage/damage to rented premises, and medical expenses, having a combined single limit for
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, franchisees must secure and maintain insurance policies with carriers approved by Face Foundrie. This requirement is in effect throughout the term of the franchise agreement.
Specifically, franchisees are responsible for obtaining insurance policies, at their own cost, from insurance carriers that Face Foundrie has approved. The required insurance includes coverage as mandated by any lease for the Facial Bar. If there is no lease, the franchisee must carry fire and extended coverage insurance, including flood and earthquake coverage if applicable, for the full replacement value of the building, equipment, supplies, products, inventory, furniture, fixtures, and other tangible property at the premises.
Additionally, franchisees must maintain Commercial General Liability Insurance with a combined single limit of $1,000,000 per occurrence and $2,000,000 in the aggregate for bodily injury and property damage. This coverage must include products/completed operations, contractual liability, personal and advertising injury, fire damage/damage to rented premises, and medical expenses. If vehicles are used in connection with the Facial Bar, automobile liability coverage for owned, non-owned, scheduled, and hired vehicles is also required. All coverages must be on an occurrence basis and provide waivers of subrogation in favor of Face Foundrie. This means Face Foundrie retains control over which insurance providers franchisees can use, potentially ensuring consistent coverage and risk management across all franchise locations.