Where are the minimum insurance limits for Ledgers franchisees defined?

According to Ledgers' 2025 Franchise Disclosure Document, the minimum insurance limits required for franchisees are defined in the Manual. Specifically, Item 4.8 outlines that franchisees must maintain policies of insurance with appropriate limits to cover the risks detailed in that section.

This means that prospective Ledgers franchisees need to consult the Manual to understand the specific insurance coverage they must secure. The Manual is a critical document that contains detailed operating procedures and standards for the franchise system.

It is standard practice in franchising for specific operational details, such as insurance requirements, to be outlined in the operations manual rather than the FDD itself. This allows Ledgers to update these requirements as needed without amending the franchise agreement. Franchisees must name Ledgers as an "additional insured" on their insurance policies and provide a certificate of insurance annually, ensuring that Ledgers is protected against potential liabilities arising from the franchisee's operations.