Golf Day Insurance
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A prize indemnity insurance cover for ‘hole in one’ competition golf days
Our golf day insurance covers the policyholder for costs relating to prizes, should a participant successfully hit a hole in one during a golf day.
Designed for you from £251
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Golf day insurance
A golf day competition can really generate a buzz amongst golfers, particularly when there are attractive prizes up for grabs. Whilst the odds of hitting a hole in one are fairly low, there is always a possibility that one of your participants might just do it! - in which case, you don’t want to end up out of pocket.
Our golf day insurance will give you the peace of mind you need to run your sports event as you'll know that you will be reimbursed for any prizes won up to the sum insured.
Your demands and needs
Our golf day insurance meets the needs of those looking to insure themselves against prizes being won during their hole in one competition.
Please make sure that you check through all of the prize indemnity documents which are issued to you so that you understand your cover, any limits and other terms and conditions relating to your policy.
Why choose us for golf day insurance?
Excellent claims handling
All claims we receive are handled by our team quickly and efficiently as we strive to deliver exceptional customer service.
Having established our business back in 1996 and specialising in providing reliable event insurance such as golf day insurance, we’re industry experts you can trust.
Quick and easy service
We make the process of getting event insurance smooth and easy. If you need assistance, our friendly team of event insurance experts are available to offer their advice.
90% of our clients return to us for more affordable and reliable insurance policies.
What does our golf day insurance cover?
Our golf day cover is designed to insure the costs directly related to prizes which are being awarded to golfers who are able to hit a hole in one during their golf day event. Here at Event Insurance Services, we’re able to cover the cost of prizes up to the value of £50,000 for hole in one competitions if won by participants (in accordance with our golf day insurance terms and conditions)*.
We can provide reinstatement options for a second place prize should the original hole in one prize be won early on in the competition (please note that the reinstatement prize can only be won once). Furthermore, we can also provide cover for a maximum of three subsidiary prizes valued at £250, £100 and £50.
*The winning hole in one needs to be witnessed by a pre-disclosed adjudicator. For prizes valued at £25,000 and over, the hole in one must be video recorded. The winner must be a registered competitor in your golf day competition in order to qualify for the prize and their original scorecard and tournament pairing sheet must be presented to be verified. Golf tour professionals are excluded from the golf day insurance policy cover. Adjudicators may be employed from the following professions:
Justice of the Peace
We are also able to provide public liability insurance which will cover costs and expenses incurred due to your negligence. You’ll be protected from costs and expenses relating to accidental bodily harm, damage or loss of property and death.
Golf day insurance FAQs
What is hole in one insurance?
Hole in one insurance (also known as golf day insurance and prize indemnity insurance) is a type of insurance policy which is designed to cover those sponsoring golf tournaments and competitions for any member who can hit a hole in one (land the golf ball from the tee straight into the cup after just one swing).
How to arrange a golf day
Whether you’re looking to hold a golf day to raise money for charity or to add some fun to your golf course or club, a golf day can really bring people together and earn you more business. When organising your event, remember to:
Plan - consider the best competition format for the day, the abilities of those likely to take part and ensure you have plenty of time to get everything ready and signed off.
Consider appropriate prizes - think about what will attract golfers to take part at your event and make sure the level of financial cover the golf day insurance policy you’ve chosen is enough for the available prizes...you don’t want to lose out!
If it’s for a charity event, consider fundraising options (this could be through ticket sales and registration fees or donation envelopes to name a few).
Promote your golf day - don’t forget to spread the word of your upcoming event. You could consider designing some marketing materials such as posters or advertise your event in your local newspaper.
Following your golf day, don’t forget to thank your sponsors, participants and volunteers for the day. By giving your attendees the best possible experience, they’re more likely to return to you for future events.
How much does hole in one insurance cost?
The cost of hole in one insurance and golf day insurance will depend on a number of factors, including:
The number of golf players participating in the event
The level of cover you require
Whether you want to include reinstatement
Here at Event Insurance Services, our golf day insurance policies start from as low as £251 - why not take a look at our golf day insurance cover options and premiums for more information or get a quote.
What are the benefits of having golf day insurance?
There are many reasons why you should consider taking out golf day insurance, including:
It enables you to offer golfers an incentive to participate in your event and you can create a real sense of excitement on the day.
You’ll save money - funding the costs of prizes for your golf day could be expensive. Having reliable golf day insurance will mean you won’t have to cover these costs yourself should a golfer be lucky enough to score a hole in one!
You’ll have peace of mind knowing you’re financially covered in the event of someone winning a prize whilst running your event - this will allow you to focus your attention on the smooth running of your competition.
Golf day insurance cover options
- Prize Indemnity
- Re-instatement options