Prize Indemnity

Tokio Marine HCC's prize indemnity insurance offers protection against your contractual liability to award a prize.

Highlights

  • Statistical or non-statistical prize
  • Worldwide coverage

Best For

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
  • Sponsors affording contractual awards to sports professionals or teams

Summary of Coverage

Prize indemnity insurance allows companies to offer large awards which are typically beyond their budget.

Examples of such policies include jackpot insurance for lotteries, half time cross bar challenge promotions at sports events or contractual awards for sponsors linked to the positive achievements of sports professionals or teams.

Why Tokio Marine HCC?

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Spain and Ireland, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance. Our products and capabilities set the standard for the industry, and many of our almost 3,000 employees are industry-leading experts. Each of our highly entrepreneurial businesses are equipped to underwrite special situations, companies and individuals, and acts autonomously to deliver effective solutions.

Related Products

Our financial strength ensures our clients will always be protected.

Our financial strength ensures our clients will always be protected.

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Tokio Marine HCC Product Breadth

Our holistic portfolio of products includes more than 100 classes of specialty insurance

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Tokio Marine HCC is part of Tokio Marine, a $31 billion company.

Tokio Marine HCC is part of Tokio Marine, a $31 billion company

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