Insured prize promotions have a “Final Prize Game” – where a pre-selected person gets the chance to win the BIG PRIZE.
This Prize Game is an “odds-based” process, where your customer chooses 1 of a certain number of envelopes – with the BIG PRIZE being in ONE of the envelopes, covered by insurance.
Your “insurance premium” is understandably based on the “odds of winning” at this Prize Game.
(i.e. If your Prize Game gives the customer a 1 in 50 chance of winning, the cost of insurance will be MORE than a 1 in 100 chance of winning……you get the choice of odds to suit your budget!)
So YOU determine the “odds” & we supply the envelopes to you as part of the package.
All of the Chance to Win Promotions come with your very own Prize Insurance Policy, which covers the costs of the Major Prize if it’s won.
Promo in a Box® prize insurance is provided by Chubb Insurance Australia Limited (rated A-Exceptional), one of the world’s largest insurers.