Are Kitchen Solvers franchisees required to maintain insurance coverage during any renewal or extensions of the Franchise Agreement?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
re to comply with the terms and conditions of this Agreement, and/or (d) in connection with your or your employees' actions or inactions, regardless of cause or any concurrent or contributing fault or negligence of us or our affiliates.
Throughout the entire term of this Agreement, and any renewal or extensions thereof, you must maintain such types of insurance, in such amounts, as we may require. Currently, you must purchase and maintain in full force and effect, solely at your expense, liability insurance in an aggregate amount designated periodically by us, but currently not less than $1,000,000 combined single limit per occurrence. In addition, you agree to purchase and maintain in full force and effect, at your expense, insurance in amounts designated periodically by us covering operation or maintenance of any building, equipment or motor vehicle owned or leased by you in connection with your Business and any other insurance we specify in writing from time to time or required by local, state or federal law. Such policies must name us and our respective officers, directors, partners, members, affiliates, subsidiaries and employees as additional insured parties on all of the policies. Additional insured status shall include, without limitation, coverage for ongoing and completed operations. The additional insured endorsement form shall be ISO CG 20-26 or any other form that we approve in writing that provides comparable coverage. You agree to deliver to us periodically, or at our request, the additional insured endorsement form and such other
documentation as we request evidencing the existence of such insurance coverage and your compliance with the provisions of this Subparagraph. All insurance coverage must provide that we will be given 30 days' prior written notice of material change in or termination or cancellation of the policy. This insurance coverage must commence as of the date you commence operating the Business. You obligation to obtain and maintain the foregoing insurance policies shall not be limited in any way by reason of any insurance that may be maintained by us. We do not represent or warrant that any insurance that you are required to purchase, or which we procure on your behalf, will prov
Source: Item 22 — Contracts (FDD page 49)
What This Means (2025 FDD)
According to Kitchen Solvers' 2025 Franchise Disclosure Document, franchisees are required to maintain specific types and amounts of insurance throughout the entire term of the Franchise Agreement, including any renewals or extensions. The franchisee must purchase and maintain liability insurance, at their own expense, in an aggregate amount designated periodically by Kitchen Solvers, but currently not less than $1,000,000 combined single limit per occurrence.
In addition to liability insurance, Kitchen Solvers franchisees must also purchase and maintain insurance covering the operation or maintenance of any building, equipment, or motor vehicle owned or leased by them in connection with their business. They must also obtain any other insurance Kitchen Solvers specifies in writing or that is required by local, state, or federal law. All insurance policies must name Kitchen Solvers and its officers, directors, partners, members, affiliates, subsidiaries, and employees as additional insured parties, including coverage for ongoing and completed operations.
The franchisee is responsible for providing Kitchen Solvers with documentation evidencing the insurance coverage and compliance with these requirements. The insurance coverage must provide Kitchen Solvers with 30 days' prior written notice of any material change, termination, or cancellation of the policy. This insurance coverage must commence as of the date the franchisee begins operating the Kitchen Solvers business. Kitchen Solvers does not guarantee that the required insurance will provide adequate coverage, and franchisees are advised to consult with their own insurance advisors to determine the level of insurance protection they need.