Torian Insurance offers Hole-In-One insurance that will protect you from any potential liability. Our policies are tailored to meet the specific needs of your event, and we offer a variety of coverage options to choose from.
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Hole in one insurance is an innovative solution that enables golf event organizers or sponsors to add excitement and attractive prizes to golf tournaments without carrying the significant risk associated with such events. Lavish prizes might be cash, cars, vacations, etc. While hole-in-ones aren’t common, they definitely happen. The insurance policy covers the cost of a prize for a player who gets a hole in one shot during the tournament. It thereby eliminates the financial burden from the event organizers and provides an affordable way to add excitement to the tournament and attract more participants.
You can rest easy with Torian. As independent Insurance agents, we work for YOU, not the insurance companies! Our expert staff has your best interest at heart which means providing the best coverage.
Hole-in-one insurance is a type of insurance that golf event organizers or sponsors can purchase to protect themselves financially in the event that a golfer achieves a hole-in-one during a tournament or promotional event. A hole-in-one is a rare and impressive feat in golf where a player hits the ball directly from the tee into the hole with a single stroke.
Hole-in-one insurance is typically beneficial for golf event organizers, sponsors, or anyone hosting a golf tournament or promotional event. For example, tournament organizers, corporate event planners, golf course owners, and fundraising coordinators all might need hole-in-one insurance at some point.
Hole-in-one insurance helps tournament hosts provide lavish prizes which attracts more participants and enhances marketing and publicity for the event. Ancillary prizes for all par 3 holes and contest signage are also included in your hole-in-one policy. The insurance company covers the cost of the prize, which can be substantial, allowing the organizers to offer impressive rewards without risk.
The cost of a Hole-In-One protection is based on:
You pay a nominal contract fee based on the number of participants, the distance of the contest hole and the value of the prize. When a policy is purchased, you get the advertised prize available on the main target hole. You also get ancillary prizes on all other par 3 holes on the course. The insurance pays for the prize when someone gets a hole in one.
We can offer coverage for hole-in-one contests, million dollar shoot outs, and putting contests.