Question 1

Does GlobalGreen Insurance Agency franchise offer exclusive territory?

Accepted Answer

GlobalGreen Insurance Agency offers None territory protection to its franchisees. This means other franchisees may be permitted to open locations near yours.

Question 2

What is the GlobalGreen Insurance Agency franchise agreement term length?

Accepted Answer

The initial franchise agreement term for GlobalGreen Insurance Agency is 10 years. Franchisees may renew up to 4 times for 10-year periods. The total potential term is 50 years.

Question 3

What is the non-compete clause for GlobalGreen Insurance Agency franchise?

Accepted Answer

The GlobalGreen Insurance Agency franchise non-compete clause extends for 1 year within a 25-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a GlobalGreen Insurance Agency franchise?

Accepted Answer

Yes, GlobalGreen Insurance Agency allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $7,500 applies.