Prize Indemnity Insurance
Prize Insurance and Fixed Fee solutions from WorldWide Special Risks have enabled companies to offer large prizes, rewards and incentives normally beyond their budget.
Our Prize Insurance has been used by major global brands and small local businesses, all benefiting from our scalable approach. Often referred to as Promotional Insurance or Fixed Fee, our Prize Insurance range includes;
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PRIZE COMPETITION INSURANCE
Prize insurance for companies looking to offer big prizes via skill, chance or response based mechanics. Includes lottery insurance, scratch card insurance, safe crack and roll a dice competitions.
Cash Back incentives where refunds are linked to triggers such as snow on Christmas day, a Sports team winning a tournament.
OVER REDEMPTION AND
FIXED FEE INSURANCE
Promotional risk management for volume coupons, rewards and incentives. Most commonly used for on-pack sales promotions and incentives.
CONTRACTUAL BONUS INSURANCE
Sports Bonus insurance for teams and sponsors who have contractual obligations to pay bonuses to teams and players, based on performance goals.
With two decades of experience WorldWide Special Risks’ will provide free advice and all the prize indemnity insurance you need.
Types of cover