Prize indemnity gives you the ability to offer special contests and promotions while transferring the risk to an experienced and financially bound insurer.
Running a contest can result in a very lucrative marketing opportunity for your business. People love to participate in contests and you now have the opportunity to have your fans, customers, and clients win big without spending big money yourself.
Examples of contests
Hole in One/Million Dollar Shot
A guaranteed way to increase sales for a business or sponsor! This program is perfect for big ticket sales like cars and jewelry. This contest could pay the customer’s purchase or offer a rebate if a certain amount of snow or rain occurs on a selected peril date.
For Weather Contests, click here for application
CRACK THE CODE
This is an excellent contest to capture the customer’s attention at high traffic events whether it is at a mall, a consumer show, a job fair or other, we can create a successful promotion. Contestants must “crack the code” to win grand prize.
This type of promotion can be applied to many different events/promotions; it is very versatile. Most popular is: Pick the winning envelope out of 100 and you are the lucky winner of the grand prize!
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