A hole-in-one insurance policy provides coverage for prize money 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.

Let’s say you increased the visibility of your highly anticipated golf event/contest and attracted many players and sponsors. Obtaining Hole in One Insurance is ideal if you wish to offer attractive prizes such as cash prizes and cars to your successful contestants. The more players and the bigger the award, the more you need insurance that can cover the prize if a player wins. Even if the odds of winning the prize are low, skilled golfers and the increased number of golfers raise the chance of a hole in one.

Also, if you have sponsors for your golf charity event, your sponsor may want you to obtain a Hole in One Insurance to insure the event awards.

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Directors, organizers, or sponsors arranging golf tournaments and announcing mega prizes for the hole-in-one event need this insurance. If you offer high ticket items such as cash prizes or cars for successful contestants who hit a hole-in-one, you will want prize indemnity insurance to cover the cost of winning the award.

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 online application does not cost anything or require you to proceed with the coverage once a quote is provided – customer service is our first priority.

The process is relatively simple. You purchase the insurance based on how many golfers you have playing in the contest, the cash prize you have declared, and the content hole length by getting the yardage specialist to finalize it.

After, you get the fully insured prizes for each hole-in-one your golfers make. So, if you wish to make your golf tournament a smashing success, Hole in One Insurance can make that possible for you.

Please review the eligibility criteria below to confirm this policy applies to your Hole In One Insurance policy:

• All shots shall 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.