Hole In One Insurance
As a golfer, you know how much excitement a hole in one can generate, especially if there’s a prize involved! A Hole In One Insurance policy lets you enjoy the benefits of sponsoring a hole with a large prize, without the risk of having to payout a winner.
How Hole In One Coverage Works
Learn more about Hole In One Insurance
A hole in one insurance policy provides coverage for prize moneys to be paid to an amateur golfer in the event of a hole in one at a specific hole. We offer coverage from $5,000 to $50,000+ for any single hole, or each par 3 at your tournament / the tournament that you are sponsoring. In addition to covering the prize amount in the event of a winner, our Underwriters will donate an additional 20% of the amount of insurance to a registered charity or educational institution of the golfer’s choice.
The cost of your hole in one insurance will depend on the prize amount requested, number of golfers in tournament, and distance of the hole. We are able to offer terms based on premiums ranging from $150 to $1,000 changing with respect to the variables input.
Please note that completing our application for insurance does not cost anything or require you to proceed with the coverage once a quote is provided – customer service is our first priority.
- All shots hall be made in regular round(s) of play in the Covered Tournament, by an “Official Participant” , with no practice shots permitted. Official Participant: an individual (other than a Golf Club Pro or Professional Golfer) entered and playing in the Covered Tournament.
- One “Tournament Official” shall be stationed and monitoring play at each of the Insured Holes at all times during the Covered Tournament. Tournament Official: an impartial observer (cannot be an Official Participant).
- The Covered Tournament shall be played in groups of three or more players – no twosomes allowed.
- No insurer has declined or cancelled similar insurance, for anything other than non-payment of premium.