Insurance for Promotions, Contests and Sweepstakes

Imagine giving your customers, donors or fans the chance to win a year's tuition, a brand new car, or even $1,000,000 - and not having to worry about writing a giant check when someone wins. 

That's the power of prize insurance from Odds On Promotions. 

Get Bigger Results From Your Next Marketing or Sales Promotion with Prize Insurance

Prize insurance, known officially as prize indemnification insurance, works a lot like any other form of insurance, except that instead of insuring your car or home against damage, you are a paying a premium to eliminate the risk of paying for a prize if someone wins your contest or promotion. 

Promotional prize insurance coverage gives marketers the ability to offer spectacular, attention-grabbing prizes that can be used to amplify engagement, create foot-traffic, motivate consumer behavior, generate sales, boost donations and increase publicity - all for just a fraction of the actual cost of the prize.

The cost of prize insurance is based upon three things: the value of the prize you want to give away, the probability of the event occurring, and the number of attempts made to win the prize.  

Simply put,  a very difficult contest with a very small prize that only a few people will attempt to win will be less expensive than a very easy contest that has a lot of contestants trying to win a really, really big prize. 

You can insure just about any contest or promotion, in nearly any location from halftime at a football or basketball game to a trade show floor, casino or retail store.  

And best of all, when you have a winner, Odds On will be there to pick up the tab. 

For more information, give us a call today at 888-827-2249.