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.
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
Promotions contingent on the successful performances of sports professionals or teams
Sports Organisations
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.
Prize Indemnity insurance allows companies to offer large awards that are typically beyond their budget
Statistical or non-statistical prize
Secondary lotteries
Envelope picks
Weather promotions
Amateur hole-in-one Basketball / ice hockey promotions
Sports predictors
Worldwide coverage
To download proposal forms and questionnaires for Contingency business, click the button below.
Click hereThe St Botolph Building
138 Houndsditch
London
EC3A 7BT
Torre Diagonal Mar Josep Pla 2, 10th floor 08031, Barcelona Spain
Avenue du Bourget / Bourgetlaan 42 B-1130 Brussels
Berliner Allee 26 40212 Düsseldorf Germany
The St Botolph Building 138 EC3A 7BT Houndsditch London
36 rue de Châteaudun 75009 Paris France