Prize Indemnity Insurance Get a quote 1800 810 282 Get a quote
Or Call 1800 810 282
Mon – Fri 8:30am - 5:00pm AET

What is Prize Indemnity Insurance? 

For companies such as pubs, hotels and clubs, holding prize nights can be a great way of creating awareness, increasing patronage and revenue. Prize draws certainly help to promote your business and increase income, however, the impact of the promotion can be restricted by how much you have to invest in a prize. By purchasing a Prize Indemnity policy arranged through Aon you’ll have more creative freedom around the prize and therefore be able to stand out from competitors by offering clientele the chance to win a prize that can give them a really compelling reason to enter. 

Prize Indemnity insurance covers* your liability to pay a prize to a third party, allowing you to insure against the risk of the prize your business is promoting at your event, venue or as part of a competition being won. Your premium is calculated based on the prize value and likelihood of a win Apply Online for a quote or contact one of our friendly, experienced brokers for more information. 

*Subject to policy terms, limits and exclusions 

Why choose Aon for Prize Indemnity Insurance?

Our friendly experienced brokers will work with you to establish a budget you are comfortable with and discuss what combination of prize value and chance of winning you can manage within that budget. As the prize value or the chance of winning goes up, your premium will go up; as the prize value or chance of winning goes down, your premium goes down. You can find the combination that best suits what you are trying to achieve.


Frequently Asked Questions
Here are answers to some commonly asked questions by our clients.
What Packages can we arrange?
We can arrange insurance for a range of prize draw solutions that can fit your promotion, these include, but are not limited to:
  • Open the digital safe and win a prize
  • Spin the correct combination to win instant cash
  • Select the winning envelope from a barrel
  • Pick a key to try to open the treasure chest or any game of chance where a mathematical probability can be devised – let us know your game ideas
How do I make a claim? 
Once the competition has been held and if the Prize is won, it is important that you notify us as soon as possible. Please contact your dedicated broker to advise of the details, including competition rules, details of the winner and details of independent witness engaged for the competition. If you have a claim please call us on 1800 810 282
In some cases a Loss Adjuster will be appointed by the insurer as the supervisor on competition day – in this case the Loss Adjuster will assist in the lodgement of the claim. 
What if I need to make a change to my policy?
It is important to keep your policy up to date with any material changes in your business which may affect the coverage of this policy.  Should any of your details have changed, please call us on 1800 810 282 as soon as possible or email our team at and one of our experience friendly brokers will be able to assist you. 
What are your opening hours?
Our opening hours are 8.30 a.m. to 5.00 p.m. Monday to Friday (except public holidays). If you need to contact us out of hours you can email us at and we will pick up your query on the next business day.
Can I pay my premium on a monthly basis?
We are able to arrange periodical payment solutions including monthly payment through our premium funding option. This option is not available through our online quoting system, so if you are interested in premium funding, we ask that you please contact our Entertainment team on 1800 806 584 or


Call 1800 810 282

8:30am - 5:00pm AET
Mon - Fri (except public holidays)
The Aon Prize Indemnity Policy is arranged by Aon Risk Services Australia Limited ABN 17 000 434 720 (Aon) on behalf of the underwriter, Allianz Australia Insurance Limited, ABN 15 000 122 850 AFSL 234708. If you purchase this insurance, Aon will receive a commission that is a percentage of the premium. Further information can be found in our FSG click here or provided upon request.