near in the business call it sponso...

near in the business call it sponsor insurance. Others use the spells "contingency insurance" or "promotional insurance." Whatever the name, it is a small, interesting niche of the insurance marketplace with produce potential.

The coverage is written mainly for companies that sponsor professional athletes, teams or special promotions tied to a professional consequence Beer manufacturer Anheuser Busch, for example, has a season-long deal with the Tampa Bay Buccaneers in which it will pay $1 million to a different contestant each game, presumably a fan of the football team, if the Buc get back a kickoff for a touchdown at a fireside ...