Hole in One Insurance

Whether Part of a Golf Tournament, or An Event In Its Own Right, A Hole In One Challenge Is A Great Way To Spice Up A Competition!

While the odds of making a hole in one may be quite low, there is always a chance that one of the more experienced golfers may just do it. If you are having a Hole in One competition at your golf tournament or golf day event, you may want to consider prize indemnity insurance. This will cover the insured against the cost of awarding a prize, just in case one of your golfers manages to do it.

You also have the opportunity to include ‘reinstatement’ in your policy, which provides cover for the golf prize to be reinstated if someone wins it, offering the other participants the chance to still win. The re-instated prize can only be won once.

In accordance with hole in one insurance policy terms and conditions, the winning hole in one must be witnessed by a pre-disclosed adjudicator and for prize values of £25,000 or above, the hole will need to be recorded on video. The winner must be a registered competitor in the contest in order to qualify for the prize and their original scorecard and tournament pairing sheet must be presented for verification. Golf tour professionals are excluded.

The adjudicator must be employed in one of the following professions:

• Teacher
• Doctor
• Lawyer
• Bank Manager
• Police Officer
• Veterinarian
• Qualified Accountant
• Company Director
• Justice of the Peace
• Golf Pro

This specialised golf hole in one insurance policy will give you a peace of mind during the competition, safe in the knowledge that any prizes won will be reimbursed to you by Events Insurance Services, up to the sum insured.

Your demands and needs

This hole in one insurance product meets the demands and needs of those looking to insure against a prize being won in a Hole In One competition. 

You should read and check all prize indemnity insurance documents issued to you and ensure that you are aware of the cover, limits and other terms that apply to your specific circumstances.

What Does Our Hole In One Insurance Cover? 

Our prize indemnity insurance is designed to insure the costs of prizes being awarded to golfers who hit a hole in one in golf competitions or events. Here at Event Insurance Services, we can cover the cost of prizes up to a value of £50,000 for hole in one competitions if they are won (in accordance with our policy terms and conditions). Additionally, we are also able to offer reinstatement options for a 2nd place prize if the original hole in one prize is won early in the event or competition. We can also provide cover for up to three subsidiary prizes valued at £250, £100 and £50. Find out more about what our hole in one insurance policy covers here or get in touch with our friendly team who will be more than happy to assist you.