Who must be named as additional insureds on a Pump It Up franchisee's insurance policies?

According to Pump It Up's 2025 Franchise Disclosure Document, franchisees are required to name specific parties as additional insureds on their insurance policies. Pump It Up and any affiliates that they designate, along with their respective officers and owners, must be included as additional named insureds on all insurance policies.

This requirement ensures that Pump It Up and its related parties are protected under the franchisee's insurance coverage. By being named as additional insureds, they can directly benefit from the policy's coverage in the event of a claim arising from the franchisee's operations. This is a common practice in franchising to mitigate risk and protect the franchisor's interests.

Furthermore, the insurance policies must provide for 30 days' prior written notice to Pump It Up in case of any material modification, cancellation, or expiration of the policy. This allows Pump It Up to monitor the franchisee's insurance coverage and take necessary actions to ensure continuous protection. Each insurance policy must also be specifically endorsed to provide that the coverage shall be primary and that any insurance carried by any additional insured shall be excess and non-contributory.