Businesses host events all the time but the most popular events are those where prizes are offered to attendees. Hole-in-One golf prizes are very popular in South Africa but sponsors aren’t always prepared to put up the cash reserves to cover the prize if some lucky punter wins. That’s where Prize Indemnity comes in. The value of the prize is insured meaning the only financial commitment is the premium.
It doesn’t only include golf; a range of events and games can be insured regardless of whether there’s a degree of skill required by players or the outcome is purely left to chance.
Prize Indemnity coverage is available for golf (hole in one), rugby (kick for posts) and score predictions at major sporting events.
In fact if you have an idea for a prize you’d like to insure, give us a call and we'll try and craft something for you.
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