Who must be named as additional insureds on all insurance policies for a Pump It Up franchise?

According to Pump It Up's 2025 Franchise Disclosure Document, all insurance policies must name Pump It Up and any affiliates the company designates as additional named insureds. Additionally, these policies must provide for 30 days' prior written notice to Pump It Up of any material modification, cancellation, or expiration of the policy.

This requirement ensures that Pump It Up has protection under the franchisee's insurance policies, mitigating potential risks associated with the operation of the franchise. It also allows Pump It Up to monitor the franchisee's insurance coverage and take necessary actions if the coverage is at risk of lapsing or being altered.

It is common practice in franchising for franchisors to require franchisees to name them as additional insureds on their insurance policies. This protects the franchisor from liabilities arising from the franchisee's operations and ensures that the franchisor is notified of any changes to the insurance coverage. A prospective franchisee should understand these insurance requirements and factor the costs of meeting these requirements into their overall investment.