Have you ever wondered how businesses and events can confidently offer million-dollar prizes, luxury cars, or host major events without risking their financial stability?
At Coverforce, we help you create unforgettable campaigns and events with the security of promotional insurance, also known as Contingency Insurance. From eye-catching contests to event protection, our solutions turn big ideas into big successes—without the big risks.
What is Promotions Insurance?
Promotions Insurance is a specialised financial tool designed to mitigate the financial risk associated with marketing promotions and contests.
By transferring the risk to an insurance provider, businesses can confidently create attention-grabbing promotions while protecting their bottom line, enhancing brand visibility, and fostering customer engagement. This innovative insurance solution plays a pivotal role in modern marketing strategies, helping companies turn high-stakes promotional events into growth opportunities.
Insurance for Promotions and Events
Some examples include:
- Event Cancellation Insurance: Recover costs if events are canceled due to weather, venue issues, strikes, or other unforeseen disruptions.
- Weather-Based Promotions: Engage customers with offers like "If it rains on Christmas, get a full refund!" while staying covered.
- Celebrity Disgrace Protection: Safeguard campaigns involving high-profile figures in case of scandal, injury, or death.
- Charity Support Insurance: Support worthy causes with high-value prizes like cars or properties, with minimal financial exposure.
- Bonus Insurance: Cover performance-based rewards like sports team bonuses or milestone achievements.
Turnkey Promotional Solutions
We go beyond insurance by providing you with a range of ready to run promotions that captivate and excite. With Coverforce, the promotion and insurance come together in one seamless package.
Examples include:
- Skill-Based Contests: Inspire creativity with challenges tailored to your audience, like predicting outcomes or completing tasks.
- Envelope Draws: Classic promotions with grand prizes ranging from $1 million to $5 million.
- Data Capture Campaign: Drive customer engagement by offering prizes like houses, gold, or luxury items in exchange for valuable consumer insights.
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Specialist Coverage for Events
Unpredictability is part of every event. That’s why we offer tailored insurance solutions to keep your plans on track:
- Event Non-Appearance Insurance: Protect against losses if a key speaker, performer, or celebrity cancels due to illness, travel issues, or other unforeseen reasons.
- Major Event Weather Coverage: Safeguard attendance and revenue from the impact of extreme weather conditions.
- Financial Recovery for Cultural and Sporting Events: Ensure your investment in high-profile events is secure.
How Coverforce can help
At Coverforce, our expert team of insurance brokers will take the time to assess your individual requirements and exposures and deliver a comprehensive insurance solution that is tailored to your specific needs and budget.
For more information or to speak to one of our brokers about arranging cover, please contact us.
Alternatively, you can simply fill out a Promotions Insurance Quote form below and one of our insurance brokers will get in touch with you within one business day.
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