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With prize insurance

you pay a fixed fee

to transfer

financial risk.

No budget overruns!

 
 
Hole In One Golf Contest Prize Insurance

Sports & Events Promotions is a leading provider of Hole In One insurance for golf events and tournaments.

Add the fun and excitement of a Hole In One to your next event, corporate day or charity golf day.

In golf, a Hole In One (also known as an ace) is when a player hits the ball directly from the tee into the cup with one shot.

Typically, Hole In One contests operate as part of a marketing campaign

or a public relations program. They can be tailored to meet the needs of

a wide range of promotions and events, including charity fundraising, VIP entertainment or product launches, to draw in a crowd. Or reward your clients, employees, suppliers or sponsors with a corporate Hole In One golf day with participants playing for cash, cars or other great prizes.

The tournament organiser chooses the actual value and nature of the grand prize, up to $1Million.

For a fraction of the value of the prize, Sports & Events Promotions

then arranges prize indemnification - an insurance policy underwritten by

a specialist prize insurer, in the event a contestant hits a Hole In One and wins the grand prize.

Hole In One insurance is definitively the tool to achieving your goal on
the day!

Hole In One Golf Insurance Facts

Hole In One golf insurance is in fact a contract between an event organiser and a prize indemnification provider, such as Sports & Events Promotions, wherein the risk, associated with running the Hole In One golf contest offering a prize, is effectively transferred.

Sports & Events Promotions acting as the coverage provider for the Hole In One prize is backed, or underwritten, by an insurance company of the highest ranking. This separate relationship serves to protect both the Hole In One contest coverage provider and its customers by guaranteeing that claims can always be paid in full and on time.

By securing Hole In One insurance, Sports & Events Promotions assumes
the risk associated with offering a valuable prize at the Hole In One golf contest in return for a modest fee. Consequently in the event of a contest participant hitting a Hole In One, Sports & Events Promotions becomes fully responsible for paying out the prize(s). Consolation prizes are supplied by
the client or sponsors.

 


 
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