Prizes are often used in promotional campaigns and to great effect. However, sometimes, the success of a campaign can leave you facing more costs than you ever imagined.
With TMHCC's Prize Indemnity insurance, you can protect yourself against the contractual liability to award a prize.
Best for
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Companies who have a contractual liability to award a prize, including:
Primary and Secondary Lotteries
Online Promotions or Sports Predictors -
Brands or Retailers offering sales incentives
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Promotions contingent on the successful performances of sports professionals or teams
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Sports Organisations
Summary of coverage
Examples include: jackpot insurance for lotteries; amateur hole-in-one; half-time cross bar challenge promotions at sports events; or sales promotions contingently linked to the positive achievements of sports professionals or teams.
Highlights
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Prize Indemnity insurance allows companies to offer large awards that are typically beyond their budget
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Statistical or non-statistical prize
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Secondary lotteries
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Envelope picks
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Weather promotions
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Amateur hole-in-one Basketball / ice hockey promotions
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Sports predictors
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Worldwide coverage
Brochures
Contingency documents
To download proposal forms and questionnaires for Contingency business, click the button below.
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