Is Focus Cfo required to be named as an additional insured on the Focus Cfo franchisee's insurance policy?

According to the 2025 Focus Cfo Franchise Disclosure Document, Focus Cfo is to be named as an additional insured on the franchisee's insurance policy. This requirement ensures that Focus Cfo has some protection under the franchisee's insurance coverage, particularly for liabilities that may arise from the franchisee's operations.

Additionally, Focus Cfo provides franchisees with reasonable business insurance coverage, including general liability, crime, and employment practices insurance, subject to standard limitations and indemnification provisions. This coverage is contingent upon the franchisee's compliance with Focus Cfo's policies and standard operating procedures. However, this business insurance coverage extends only to the Area President of the Franchisee's business entity and not to other support resources of the franchisee's business entity.

Focus Cfo franchisees are also required to sign an annual statement certifying compliance with Focus Cfo's policies and procedures and disclosing any known circumstances that could result in a legal claim against Focus Cfo, potentially leading to an insurance claim. This statement must be provided within thirty days of Focus Cfo's request each year. Franchisees are responsible for securing appropriate insurance to cover services performed by their support resources, and Focus CFO may provide written minimum insurance requirements for these support resources.