Does Marble Slab Creamery require that they and their affiliates be named as additional insured on insurance policies?
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
We require you to obtain and keep in force certain insurance coverages on a primary noncontributory basis, with us and our affiliates named as an additional insured on each policy.
Your real estate lease also may impose requirements for insurance coverage in addition to the requirements that we impose.
The table contains the estimated cost of required insurance premiums for a 3 month start-up period; however, the cost of insurance varies, depending on the insurance company you select, lease requirements, variances in the cost of insurance from city to city and state to state, and other factors.
Whether or not amounts paid for insurance premiums are refundable is determined by individual insurance carriers and the terms of the insurance policies.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 32–43)
What This Means (2025 FDD)
According to Marble Slab Creamery's 2025 Franchise Disclosure Document, franchisees are required to obtain and maintain specific insurance coverages, naming Marble Slab Creamery and its affiliates as additional insured parties on each policy. This requirement ensures that Marble Slab Creamery has some protection against potential liabilities related to the franchisee's operations.
The FDD also notes that the franchisee's real estate lease may impose additional insurance requirements beyond those mandated by Marble Slab Creamery. The estimated cost of required insurance premiums for a 3-month start-up period ranges from $2,500 to $3,500. However, the actual cost can vary based on the insurance company selected, lease requirements, and differences in insurance costs across different locations.
The refundability of insurance premiums is determined by the individual insurance carriers and the terms of the specific insurance policies. Prospective Marble Slab Creamery franchisees should carefully review insurance policy terms and consult with insurance professionals to understand the full scope of coverage and costs.