Where can a Marble Slab Creamery franchisee find the minimum amounts of insurance coverage required?
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
11.1 Franchisee will procure, before the commencement of any operations under this Agreement, and will maintain in full force and effect at all times during the term of this Agreement, at Franchisee's expense, an insurance policy or policies protecting Franchisee and Franchisor, and their respective officers, directors, partners, agents, and employees, against any demand or claim with respect to personal injury, death, or property damage, or any loss, liability, or expense whatsoever arising or occurring upon or in connection with the Restaurant, including, but not limited to, comprehensive general liability insurance, property and casualty insurance, statutory worker's compensation insurance, and business interruption insurance. Notwithstanding the foregoing, Franchisee must procure, before the commencement of the initial training program offered by Franchisor, statutory worker's compensation insurance covering all participants in the training program. Such policy or policies will be written by an insurance company acceptable to Franchisor, will name Franchisor and its Affiliates as an additional insureds, and will provide, at a minimum (except as additional coverages and higher policy limits may reasonably be specified by Franchisor from time to time), the types and minimum amounts of coverage specified in the Manual or otherwise in writing. Franchisee must, before the commencement of any construction of the Restaurant, and will maintain in full force and effect at all times during construction, at Franchisee's expense, builders risk insurance in the minimum amounts of coverage specified in the Manual or otherwise in writing. Franchisor will have the right to obtain, directly from Franchisee's insurance carriers, any and all information relating to the foregoing policy or policies and any claims thereunder. Upon the request of Franchisor, Franchisee will execute, acknowledge, and deliver such instruments, and do such further acts, as may be required by Franchisor to enable Franchisor to obtain such information.
Source: Item 22 — CONTRACTS (FDD page 101)
What This Means (2025 FDD)
According to Marble Slab Creamery's 2025 Franchise Disclosure Document, franchisees can find the required types and minimum amounts of insurance coverage in the Manual or otherwise in writing from the franchisor. Franchisees are responsible for securing and maintaining these insurance policies at their own expense throughout the term of the franchise agreement.
The required insurance coverage protects both the franchisee and Marble Slab Creamery, along with their respective officers, directors, partners, agents, and employees, against claims related to personal injury, death, property damage, loss, liability, or any expenses arising from the restaurant's operations. This includes comprehensive general liability insurance, property and casualty insurance, statutory worker's compensation insurance, and business interruption insurance. Franchisees must also secure worker's compensation insurance before the start of their initial training program.
Furthermore, Marble Slab Creamery has the right to request and obtain information about the franchisee's insurance policies and any related claims directly from the insurance carriers. Franchisees are obligated to provide the necessary instruments and acts to enable Marble Slab Creamery to access this information. Additionally, franchisees must maintain builder's risk insurance during any construction of the restaurant, with coverage amounts specified in the Manual or in writing.