franchisorsuite - franchise · pdf filethe policy, over two years in the making, addresses the...
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DIRECTORS’ & OFFICERS’ LIABILITY FRANCHISORS’ LIABILITY EMPLOYMENT PRACTICES LIABILITY FIDUCIARY LIABILITY VICARIOUS LIABILITY
FranchisorSuite®
FranchisePerilsA division of ExecutivePerils, Inc.
800 Wilshire Blvd., Suite 1525 • Los Angeles, CA 90017 • (310) [email protected] • www.FranchisePerils.com • CA Lic# 0E36308
See policy for exact terms, conditions & exclusions
FranchisorSuite® provides franchisors with the only insurance policy written specifically for franchisors. The policy, over two years in the making, addresses the significant exposures of
franchisors in a unique and exclusive policy. Written with one aggregate limit of liability, an A+ insurance company, and five compulsory coverages allows for the strongest and broadest
protection available in the insurance industry.
FranchisorSuite® is stellar coverage with an A+ rated carrier and superior claim(s) handling.
FRANCHISOR CLAIMS SCENARIO
Traditional Structure
Failure to Provide Services
Mismanagement
FTC Violations
Personal Liability
Fraud Allegations
Misrepresentations/Omissions
E&OCarrier A
D&OCarrier B
Vicarious Liability Exclusion Bodily Injury Exclusion
Breach of Contract Exclusion Franchisee Exclusion
FranchisorSuite®
Franchisors’ E&O
Employment Practices
Fiduciary Liability
Vicarious Liability
Directors’ & Officers’ Liability
FDDFranchisee(s)(Plaintiff)
Loss
Problems: 2 Claims Adjusters
2 "Other Insurance Clauses" Allocation Conflicts
Coverage Gaps
Failure to Provide Services
Mismanagement
FTC Violations
Personal Liability
Fraud Allegations
Misrepresentations/Omissions
FDDFranchisee(s)(Plaintiff)
Loss FranchisorSuite®
LIABILITY INSURANCE PROGRAM Available to Franchisors of any type; no industries are automatically excluded.
FSCS110716
Coverage Your Way™
Joint Employer Coverage