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Just because it comes boxed and off the shelf doesn't mean its the best solution for you.
Needs of a franchisee can be very different to that of the franchisor, in many cases
though one can be very reliant on the other.
Franchisor: Standard covers and policies exist here, of course these need to
be bespoke to you. There are however more dangers lurking in the background that could
ruin your business and reputation, not to mention the financial impact. Unfortunately these covers are rarely highlighted, contact us for more information about the covers you think you wouldn't need!
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Own business Insurance - dependent on trade!
Office Insurance
Professional Indemnity
Directors & Officers Liability
Management Fee Protections
Intellectual Property & Copyright
Operate forums, blogs, signboards? Provide intranet and extranet or franchisee client logins and members area or even sell your own products online? Consider Email and Internet covers. |
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Franchisee: Just taking out the necessary insurance covers is fine, unfortunately you have to look beyond this.
Arranging your own insurance can be difficult, do you know what covers you need, does the person you are asking to arrange the cover for you understand your relationship with your franchisor - Its not until you realise what cover you need when you find out you don't have it! Don't leave it to chance!
The covers provided by Fransure can dovetail perfectly with the franchisor, in fact some of the policies we look
at cater for both sides at the same time.
Consider your management fees,
your health, who will take over your business
in
the event you can't work,
or even worse in the event of your death what commitments have you left behind and for how long? Are these protected, do your relatives want to carry on the business?
Come and speak to one of the Fransure team about what we can provide for you and you franchise business,
you might just be pleased you did!
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Own business Insurance - dependent on trade!
Vehicle Insurance
Accident & Sickness
Management Fee Protections
Directors & Officers Liability
Email or e-commerce covers |
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Insurance for your business, franchisor or franchisee really is as unique as your business is from the next. Get the cover right the first time, contact one of the Fransure team now. |
