What is prize indemnity insurance?

“It’s a risk transfer,” explained Robin Lang, Tokio Marine[1] vice president, promotions division. “A lot of brands will use this in order to be able to tout a large prize like a million dollars … basically to get a consumer to react and incentivize them. They don’t want to be on the hook for the million dollars, so they purchase...

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Insure.com s Press Room: Discover press releases and learn more about the editors.

Insure.com, a trusted consumer resource for articles, news and tools about insurance, unveils a new web experience for Spanish-language audiences. With the launch of Insure Latino, Spanish-speaking consumers in the U.S. will be able to access timely and relevant information to help them make informed purchase decisions about auto insurance, health insurance and other policies. Read More[1] References ^ Read...

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