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International Hole In One Association
Offer hefty cash and other big-ticket prizes without having to foot the bill when there’s a winner.
Hole-in-one and putting contests are a crowd favorite, and they’re a great way to attract golf tournament participants and raise funds.
But if someone happens to have the shot of a lifetime, your client could end up covering the payout.
With hole-in-one insurance, golf tournament sponsors can enjoy the fun knowing they have a 100% insured contract that protects them from a budget-breaking payout. Hole-In-One insurance can cover a variety of prizes, including:
This unique service can help your clients market their business.
If you or your clients are sponsoring a hole-in-one contest, putting contest, or any kind of golf fundraiser featuring big-stakes prizes, you can’t afford NOT to have hole-in-one coverage.
Hole-in-one insurance is perfect for the following types of events:
Hole-in-one insurance is a type of prize indemnification insurance, created for use during golf tournaments. This unique form of prize coverage protects hole-in-one contest sponsors from the financial risk of a payout should a hole-in-one occur.
It’s simple. You pay a small contract fee based upon:
Coverage starts at $180 and depends on yardage, the number of players, and the value of the prize. The average cost of a hole-in-one insurance contract is $400, which includes everything needed to run a successful contest.
First, you’ll call to report the claim. Next, we’ll send you paperwork for witnesses to sign. Finally, we’ll investigate gently for validity, after which we will fulfill or pay for the prize.
The odds of an amateur golfer making a hole-in-one are 12,500 to 1, while the odds for a professional golfer are 2,500 to 1.
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