Can a Focus Cfo franchisee obtain their own insurance coverage in addition to the coverage provided by Focus Cfo?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
Focus CFO will provide Franchisee with reasonable business insurance coverage (general liability, crime, and employment practices), subject to standard limitations and indemnification provisions for a professional service business and Franchisee's ongoing compliance with Focus CFO's policies and standard operating procedures.
Franchisee acknowledges and agrees that Focus CFO does not represent or warrant that such insurance coverage is adequate to protect Franchisee and nothing in this Agreement restricts Franchisee from obtaining its own insurance.
This business insurance coverage extends only to the Area President of the Franchisee's business entity.
It does not extend to other Support Resources of the Franchisee's business entity.
Franchisee shall be responsible for ensuring it has all appropriate insurance in place to cover the services performed by all Support Resources of Franchisee.
Focus CFO may provide Franchisee with, in writing, minimum insurance requirements for Support Resources of Franchisee that Franchisee must follow.
Focus CFO shall be named as an additional insured on the Franchisee's insurance policy.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, Focus CFO will provide franchisees with business insurance coverage that includes general liability, crime, and employment practices insurance. This coverage is subject to standard limitations and indemnification provisions typical for a professional service business, and it requires the franchisee to comply with Focus CFO's policies and standard operating procedures. This business insurance coverage extends only to the Area President of the Franchisee's business entity and does not extend to other support resources of the Franchisee's business entity.
The FDD states that Focus CFO does not warrant that the provided insurance coverage is adequate to protect the franchisee. The agreement does not restrict a franchisee from obtaining their own insurance coverage in addition to the coverage provided by Focus CFO.
The franchisee is responsible for ensuring they have appropriate insurance to cover the services performed by all support resources. Focus CFO may provide written minimum insurance requirements for support resources that the franchisee must follow. Focus CFO must be named as an additional insured on the franchisee's insurance policy.