Contractual Bonus Insurance
If you want to encourage individuals or teams to perform well and win then it is common practice to offer financial incentives. The problem can then arise that if they do win or achieve their targets or results then you have to find the money to pay their bonus. You can reduce the risks by taking contractual bonus insurance which will pay out if the contractual targets are achieved.
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If you manage or sponsor sporting teams or individuals and want to offer contractual bonuses without the financial exposure contact us on 01905 612336 for a quote or contact us here.