Everyone loves to watch a spectacular shot. It could be a hole in one in golf. But if you are the event organizer or promoter, you may find yourself shilling out some cash for a prize after this awe-inspiring moments. When you have prize insurance, you don't have to feel that way. You can celebrate right along with the winner. Hole in one insurance pays the prize money to the winner, and as the insured you only pay a fraction of the payout for your insurance premium.
An independent Trusted Choice® member agent like Triest Agency can help you compare multiple contest prize insurance companies and specific event coverages to find the insurance that fits your event or contest.
About Hole-In-One InsuranceThe Triest Agency Hole-In-One program allows you to insure against the chance of a golfer making a hole in one or sinking a putt. By purchasing a policy that transfers the potential payout from you to an insurance company, you can offer a large, eye-catching prize and not have to worry if a lucky golfer hits that perfect shot.
The program is comprised of:
Minimum Distance and Maximum PrizePrize Type:
Hole in One -150 yards (men), 135 yards (women) $1,000,000
How Pricing Works:
Odds of a Hole-In-One
According to a 1999 article in Golf Digest, the chances are 1 in 3,756 for a PGA Tour pro and 1 in 12,750 for an amateur.
RequirementsThis depends on the program selected.