Winner take all
Article Abstract:
Prize promotions are the fastest growing type of advertising, yet prize indemnification insurance is seldom used for more than hole-in-one contests. Contingent prize coverage allows companies with small budgets to use this type of marketing. The indemnification insurance company calculates the risk and charges 2-15% of the prize amount. When selecting an underwriter, agents should look for experience in prize indemnification and a record of prompt payment.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Protection in a volatile world
Article Abstract:
Political risk insurance protects companies investing abroad from loss due to confiscation, expropriation or nationalization. This insurance is available through public agencies, such as the Multilateral Investment Guarantee Agency, as well as through the private sector. Public sector groups usually require advance application and cover only new investments. Political risk insurance is becoming a common part of sound risk management.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Chubb winery package program protects winery operations
Article Abstract:
Chubb Group of Insurance Cos offers a winery policy integrating protection for property, business income, extra expense and liability. This policy factors in the variable value of wine as it is being produced. In addition to buildings, vines, wine stock and data processing equipment, extra expense coverage and executive protection are included. Special liability options are available for wind drift, overspray and the winery premises.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Building new catastrophe models. Managed care mysteries haunting workers' comp
- Abstracts: One for the books. The new value proposition
- Abstracts: Read all about it to avoid trouble. Industry can profit from feedback engineering
- Abstracts: To forgive may be human after all: new IRS program encourages self-correction. IRS issues new guidance regarding plan loans
- Abstracts: Preparing for takeoff. Avoiding the IRS' grim reaper. Fighting the client