What is Hole in One insurance? Usually, we associate insurance with bad things happening. But any golfer will tell you that a hole-in-one is a beauty to behold and a joy to remember. However, if a hole in one occurs at a golf tournament or other event that you are in charge of, you could be faced with a golfer who wants a great deal of extra prize money. To cover such an event, you can get hole in one coverage from different insurance companies.
One company that offers golf tournament insurance is Golf Marketing Worldwide. Whether you are planning a golf tournament for charity purposes, a private golf outing or a large golf contest for prize money, you should look into hole in one contests from GMW. This company can offer you good golf insurance and is available to help you on the Web or over the phone. Your insurance budget can be small or large; GMW can adjust its coverage levels to match your needs.There’s also the National Hole in One Association, which is based in Texas and claims to be the oldest and largest provider of golf prize event services. The NHIOA has helped thousands of charitable organizations pull off fun and rewarding events with its planning tools and insurance coverage. This insurance organization pioneered the idea of hole in one protection more than two decades ago and has since insured thousands of organizations for holes in one. Its coverage lets you offer a prize of up to $1 million for a single hole in one for any par-3 golf hole, and offers to pay the golfer who gets the first hole in one the complete amount of the prize money, easing your anxieties.
We suggest that you compare the rates and coverage plans of the two companies mentioned above and go with the one that fits your golf insurance needs the best.