What are the minimum comprehensive general liability insurance limits required per occurrence for a Face Foundrie franchise?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
the insurance carriers' charges, the terms of payment, and your insurance history.
Presently, we require you to maintain the following minimum insurance coverages: (i) comprehensive general liability insurance with limits of at least $1,000,000 per occurrence, and $2,000,000 in the general aggregate; (ii) abuse and molestation coverage with limits of at least $1,000,000 per occurrence; (iii) all risks coverage for full repair and replacement value of all of the property, equipment, furniture, fixtures and supplies used in your Facial Bar with no more than a $1,000 deductible; and (iv) worker's compensation and professional liability insurance with limits of at least $1,000,000, as well as any other insurance required by law. We also recommend that you obtain cyber liability insurance with
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 27–31)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, franchisees must maintain comprehensive general liability insurance with a minimum limit of $1,000,000 per occurrence and $2,000,000 in the general aggregate. Additionally, Face Foundrie requires abuse and molestation coverage with limits of at least $1,000,000 per occurrence. Franchisees must also carry all risks coverage for the full repair and replacement value of all property, equipment, furniture, fixtures, and supplies used in the Facial Bar, with a maximum deductible of $1,000. Worker's compensation and professional liability insurance with limits of at least $1,000,000 are also mandatory, along with any other insurance required by law.
In addition to the required insurance coverages, Face Foundrie recommends that franchisees obtain cyber liability insurance with coverage of at least $1,000,000 for each occurrence and $3,000,000 in the aggregate. While this coverage is not mandatory, Face Foundrie suggests it to mitigate potential risks associated with data breaches and cyberattacks.
The cost of insurance coverage will vary depending on factors such as the insurance carrier's charges, the terms of payment, and the franchisee's insurance history. It is the franchisee's responsibility to obtain and maintain the required insurance coverage at their own expense and to provide proof of coverage to Face Foundrie on a periodic basis. Franchisees should consult with an insurance professional to determine the appropriate level of coverage for their specific circumstances and to ensure compliance with Face Foundrie's requirements.