Does Monicals Pizza specify any requirements for business interruption insurance?

According to Monicals Pizza's 2025 Franchise Disclosure Document, franchisees are required to maintain business interruption insurance. The specific amounts and terms of this insurance must be acceptable to Monicals Pizza.

In addition to business interruption insurance, Monicals Pizza requires franchisees to maintain other types of insurance coverage, including automobile liability insurance of at least $1,000,000 per occurrence, umbrella excess liability insurance with a minimum coverage of $2,000,000, a cyber insurance policy with a minimum liability coverage of $1,000,000, and Restaurant Recovery Insurance (or equivalent) due to Food Borne Illness with a minimum liability coverage of $1,000,000. Franchisees must also obtain any other necessary insurance to satisfy the indemnity provisions outlined in Section 21.3 of the franchise agreement.

Monicals Pizza retains the right to increase the minimum liability protection requirements annually to account for inflation, changes in liability standards, future damage awards, or other relevant changes. This means that a franchisee's insurance costs could increase over time. Franchisees should discuss insurance requirements and potential cost increases with Monicals Pizza to fully understand the financial implications.