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Make every shot count - we'll cover the prize!

Big prizes make events more exciting, but they can be costly. Prize Indemnity and Hole-in-One insurance cover the prize value, so you pay only the premium, not the payout.

 

From golf shots to rugby kicks, we cover a wide range of games and promotions, whether for seasoned pros or casual players just in it for fun. Have a prize in mind? Let us create a customised solution for your event.

Why partner with Santam for prize indemnity cover

Solutions

We tailor Prize Indemnity cover to match the unique structure and budget of each event.

Expertise

We understand the complexities of promotional risk and provide expert guidance to ensure your prize promotions are both exciting and fully protected.

Relationships

We collaborate with brokers and clients to build lasting relationships and deliver cover that supports memorable, high-impact events.

Prize indemnity cover

Popular for golf days

Hole-in-One prizes are a South African favourite. Our cover pays the winner and protects the sponsor.

Rugby & other sports

Available for rugby kick-for-posts, cricket stump strikes, and other major sporting events.

Custom cover available

Have a prize idea? We’ll help create a customised insurance solution for your event.

Boost event appeal

High-value prizes boost engagement and attendance at corporate and sporting events.

Let’s discuss your insurance needs

Get expert guidance on safeguarding your business with customised casualty insurance solutions. Request a call back, and we’ll assist you in selecting the right coverage options.

Contact the team

Crystal Bennett

Underwriting Team Manager

Itumeleng Griffiths

Underwriter: Accident & Health

Help and FAQ's

General enquiries

Tel: 011 731 3600

E-mail: info.specialistaandh@santam.co.za

Are there any restrictions if I want to insure a hole-in-one prize?

Yes. The minimum qualifying distances are:

 

  • 150 metres for men.
  • 130 metres for ladies.

 

For prize values exceeding R500,000.00, video footage of each shot is required to validate the claim.

How is the premium calculated?

Premiums are based on a percentage of the insured prize value, and take into account: 

 

  • The number of participating players.
  • The distance of the designated hole on the day of the event.

Do you insure tagged fishing events?

No, we do not provide cover for tagged fishing competitions.

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