Within how many days of issuance must a Learningrx franchisee furnish proof of insurance to Learningrx?

According to Learningrx's 2025 Franchise Disclosure Document, a franchisee must furnish proof of insurance to Learningrx within 30 days of the insurance policy's issuance. This includes providing original or duplicate copies of all insurance policies, certificates of insurance, or other proof of insurance acceptable to Learningrx, along with proof of payment.

This requirement ensures that Learningrx franchisees maintain the necessary insurance coverage as mandated by the franchise agreement. Maintaining adequate insurance is crucial for protecting both the franchisee and Learningrx from potential liabilities and financial losses that may arise from the operation of the business.

Failure to provide proof of insurance within the stipulated timeframe or failure to maintain the required insurance coverage constitutes a material breach of the franchise agreement. In such cases, Learningrx has the right to demand that the franchisee pay the premium cost, which Learningrx will then forward to the insurance carrier. Furthermore, Learningrx reserves the right to terminate the franchise agreement if the franchisee fails to obtain and maintain the necessary insurance.