Does the Insurance Handling Fee charged by Face Foundrie include the cost of insurance premiums?

According to Face Foundrie's 2025 Franchise Disclosure Document, the Insurance Handling Fee does not include the cost of insurance premiums. If a franchisee fails to obtain or maintain the required insurance coverage, Face Foundrie can obtain the insurance on the franchisee's behalf. In this case, Face Foundrie reserves the right to charge its then-current insurance handling fee, which is separate from and in addition to the cost of the insurance premiums. The franchisee is responsible for reimbursing Face Foundrie for the insurance premiums.

This means that franchisees need to ensure they maintain the required insurance coverage to avoid incurring both the insurance premiums and the additional handling fee charged by Face Foundrie. The handling fee is charged in addition to the premiums, so failing to maintain proper insurance can result in extra costs for the franchisee.

It is important for prospective franchisees to clarify what Face Foundrie's 'then-current insurance handling fee' is to fully understand the potential costs associated with failing to maintain their own insurance coverage. Understanding this fee will allow franchisees to budget accordingly and prioritize maintaining the required insurance to avoid additional charges.