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

Events are more exciting when there’s something to win, but funding big prizes isn’t always feasible. Prize Indemnity and Hole-in-One insurance cover the value of the prize, so your business only pays the premium and not the payout.

 

From golf shots to rugby kicks, we cover a variety of games and promotions, whether players are seasoned pros or just in it for fun. Have a prize idea in mind? Talk to us about creating a tailored solution.

Why partner with Santam for prize indemnity cover

Solutions

We design prize indemnity cover to match the unique structure and budget of each event.

Expertise

Our team understands the nuances of promotional risk and offers expert guidance to ensure your prize promotions are both exciting and fully protected.

Relationships

We work closely with brokers and clients to build lasting relationships, delivering cover that supports memorable, high-impact events.

Prize indemnity cover

Popular for golf days

Hole-in-One prizes are a South African favourite, and our cover ensures winners get paid without risk to the sponsor.

Rugby & other sports

Available for rugby kick-for-posts, cricket (strike the stump), and major sporting events.

Custom cover available

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

Boost event appeal

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

Documents and resources

Download the necessary forms below to submit your claim, proposals or request. Attach any supporting documents before sending them.

Let’s discuss your insurance needs

Get expert guidance on protecting your business with tailored casualty insurance solutions. Request a call back, and our team will assist you with the right coverage options.

Help and FAQ's

General enquiries

Tel: 011 731 3600

E-mail: info@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, video footage of each shot is required for claim validation.

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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