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PRIZE INDEMNITY INSURANCE Securing promotional events with prize coverage

Get a quote for your prize indemnity insurance

What is Prize Indemnity Insurance?

If you are organising an event and want to offer competitions with generous prizes, then having prize indemnity insurance will give you peace of mind that your risk of a big win is minimised. For example, if you are organising a golf event, you could offer a fabulous prize, such as a car, for anyone who hits a hole-in-one on a selected hole. For a surprisingly cost-effective premium, the insurance company can provide the car, publicity materials and even additional prizes on other holes.

Get a quote for your prize indemnity insurance

Prize indemnity insurance dice

At first glance, this can look too good to be true. Still, over thousands of games, the insurance company has calculated the statistical probability of a player winning and can, therefore, make a calculated decision on the risk.

Similar insurance can be taken for other games of skill or chance, making your event fantastically exciting for participants and spectators.

Therefore, if you are organising a golf day with a hole-in-one competition, a fundraiser with a roll-a-dice competition, or any other event where you want people to be thrilled by the prospect of a big prize, then get in touch to discuss prize indemnity insurance.

What insurance do I need to consider?

Every club, organisation, and race is unique, so no ‘one size fits all’ insurance plan or solution exists. Aside from prize indemnity insurance, there are some other recommended insurance options for your club, such as:

Public Liability

To cover the insured’s legal liability to compensate others for personal injury or damage to their property. Find out more

Personal Accident

Cover that pays a benefit in the event of an insured person’s death, injury or illness. Find out more

Cyber Insurance

Protect your systems, membership details and customer data against cyber threats and breaches. Find out more

Legal Expenses

Provides legal services and covers costs to defend or pursue certain legal actions. Find out more

Kit & equipment

A specialist kit and equipment insurance designed for the sports, dance and leisure industry. Find out more

Employers Liability

Cover should an employee suffer a work-related injury or disease, whether full time, part time or volunteer. Find out more

Event Cancellation

Compensate for any financial loss following cancellation, disruption, postponement or relocation. Find out more

Sports travel insurance

Cover for sports individuals including whilst competing with option to cover winter sports. Find out more

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Interested in Mann Broadbent’s Prize Indemnity Insurance?

Get in touch with us and see how we can assist your prize indemnity insurance needs.

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