Overview
Stand out from the competition with prize indemnity insurance. This type of policy allows companies to offer a large prize, risk-free, for a premium that is a fraction of the prize value (in situations where the prize is not guaranteed).
Suitable for
- Sponsors and promoters
- Brands and retailers
- Marketing agencies
- Non-profit organizations (NGOs)
- Sports and events organizers
Highlights
- Superior customer service
- A++ Superior rated insurer
- Creative team with over 30+ years of experience
- You're not just a client to us. You're our partner.
Summary of coverage
- Prize Indemnity Insurance is a highly effective and creative tool that can be used as an incentive-based marketing strategy
- Policies are fully customizable
- We have the expertise to restructure a promotion to fit your budget and other parameters
- Master policies are available for high volume accounts
- Cost of service is built into the premium
Visit Total Event Insurance Online
The TotalEvent® systemprovides youwith a fast and easy-to-use quote and bind systemthat also acts as an electronic database to assist inmanaging your specialty business. Both brokers and direct customers can access TotalEvent® by clicking the portal link in the top right-hand corner of the page.
Visit Total Event Insurance OnlineYour team
Head office
401 Edgewater Place Drive, Suite 400
Wakefield, MA 01880
Related products
Over Redemption
Protects sponsors and marketers against an unexpected result of their promotion.
Game of Chance Bonds
Game of chance surety bonds (promotion sweepstakes bonds) are required in Florida and New York for any game of chance promotion with a retail value over $5,000.
Contractual Bonus
Offer your highest performers the high-end bonus they deserve without impacting your balance sheet through our Contractual Bonus policy.
.jpg?h=1700&w=2550&la=en-US&hash=F79B9F95D60F79B3B3AE356F2A029A8C)
Why choose Tokio Marine HCC?
Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.
More about us Financial strengthNot all products, coverages, or features may be available in all states. Restrictions, exclusions, limitations, and conditions apply and you should see your agent for more information. Certain products and services are provided through non-admitted insurance carriers and are not subject to certain State Guaranty Funds.