Contractual Bonus Insurance

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Want to promote your brand through your sponsored athletes success? Our Contractual Bonus insurance allows you to give bonus incentive to your players, teams, or clubs for performing on the biggest stages. If they fulfill their end of the contract, our policy can prevent you from taking a financial loss. 

Contractual bonuses can be a great tool to motivate individuals or groups. By having them reach their goal, both parties get to reap the rewards of their success. Get protection today so you don't take any downside risk. ESP offers the best pricing on the market with premier customer service support - all for the lowest price.

GO AHEAD, WE GOT YOU COVERED. 

Summary of Coverage

Introducing a variety of promotions can be an effective way to increase the hype around certain products and increase sales. On the other hand, these promotions can produce underlying financial risks. Our prize indemnity insurance can help mitigate that risk by allowing the sponsor of a promotion to offer a risk-free prize for a small percentage of the cost. 

Target Insureds

  • Integrated marketing agencies 
  • Retailers
  • Athletic organizations 
  • Golf courses 
  • Nonprofit organizations 

Standard Limits

Limits vary by promotion

Available Limits

Up to $10 million with more available subject to market support for insured promotions, over-redemption and contractual bonus

Up to $10 million for promotion agency E&O

Minimum Premium

Minimum premiums are subject to risk purchasing group program restrictions only.

Geographic Scope

Available worldwide

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About ESP Specialty

ESP Specialty Insurance Brokerage operates nationwide as an insurance broker and program administrator, exclusively developing and managing insurance product lines for A+ rated carriers for over 10 years.