It is important to note that prize insurance companies all offer different coverage options. When looking for a good agent that covers trade promotion insurance as well as prize promotion insurance, flexibility is the key to your success.
You need a company that is willing to tailor the prize insurance plan to suit your needs. Further, you will also need to ensure whether the agent can cover the particular prize you wish to run. Some insurance companies are strict on the types of prizes they insure and going with a prize insurance company that insures any prize (so long as it is legal) will put you above your competitors.
Additionally, you will want to ensure that time is of the essence to your favour. Having a prize insurance plan up and running as quickly as possible will prove to your benefit. Some prize insurance agents are even able to activate a prize promotion plan as quickly as 48 hours.
