Why Franchisees Must Comply with Franchise Insurance Requirements
Owning a franchise offers entrepreneurs a powerful opportunity: the ability to operate under an established brand with a proven business model, and built-in customer trust. But with that opportunity comes responsibility and one of the most critical responsibilities is meeting
Why Franchisees Must Closely Review Franchise Insurance Requirements in the FDD (Franchise Disclosure Document)
Insurance is not just a formality in starting a franchise business. It is a contractual obligation that directly affects your financial security and your ability to remain in good standing with the franchisor. One of the most important places franchisees
The Importance of “Grantor of Franchise” Additional Insured Endorsements for Franchisors
In the complex world of franchising, risk management is as essential as brand consistency. One key protection often underestimated is ensuring the franchisor is correctly listed as an additional insured on each franchisee’s insurance policy. While many franchisors require this
Insurance Due Diligence for Apartment Buyers
Current Conditions of the Insurance Marketplace Makes Insurance Due Diligence a Critical Concern for Property Buyers The insurance marketplace is challenging for apartment buyers, with rising premiums and declining insurer availability. We are strongly recommending that buyer representatives counsel their clients
Medical Device Startup Best Practices
Summary This is our guide to best practices for medical device startups. This article is based on our experiences of working with our medical device startup clients, as well as guidance from the insurance industry. It should not be construed as
Guide to Business Insurance for Medical Device Companies
Summary This article is an overview of coverage considerations in insurance for medical device companies, based on the lifecycle phase of the company. Medical device manufacturers are exposed to dynamically changing risks throughout the lifecycle of their company, and manufacturers may not
Starting a Supplement Company – Our Insights
If you're here, you're thinking about starting a supplement company. You've probably already read the following popular articles: The Simple 10-Step Guide For Starting a Dietary Supplement Company How to Start a Supplement Company in 7 Proven Steps How to
Liability Insurance for Amazon Sellers of Dietary Supplements
You may have received notice that Amazon.com is now requiring liability insurance for Amazon Sellers. Amazon includes a requirement that any policy provided to Amazon be written on an occurrence basis. However, insurance companies that provide General Liability coverage (including
How a Franchise Insurance Program Benefits Your Franchise System
Summary As a franchisor, you have invested heavily to build the brand of your franchise system. You take great care to select franchisees that will adhere to your standards to protect your standards and reputation. Your franchise system's value is further
What is Data Breach Insurance?
Summary This article explores data breach and how data breach insurance helps to protect your business in the event a data breach occurs. What is a Data Breach? What is Personal Identifiable Information (PII)? What is Payment Card Information (PCI)? What