Hole In One

Hole in one insurance coverage makes it possible to award attention-getting prizes, such as brand new cars, or a large amount of cash if someone makes a hole in one during your golf event.

Hole in one insurance, which is a type of prize indemnification insurance, works just like any other kind of insurance policy, except that instead of insuring your property against damage, you are paying a premium to eliminate the risk of having to pay for a prize if someone makes a hole in one during your golf event.

When you use hole in one insurance you pay a hole in one insurance provider a small fee – the premium – which is based on the number of people playing in your golf tournament, the value of the prize you’d like to give away and the length of the golf shot (target hole) you want to insure. If someone aces (gets a hole in one) on the designated target hole, your hole in one coverage kicks in, and your hole in one insurance provider will pay for the prize.

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General Liability Sport Event

General Liability insurance is perhaps the most important insurance policy carried by sports & recreation organizations because it covers lawsuits arising from the most common mishaps – spectator injury and participant injury.

General Liability covers certain lawsuits arising from an occurrence (accident) alleging bodily injury, property damage, personal injury, and advertising injury due to the alleged negligence of the sports or recreation organization. The policy provides an attorney for legal defense and will pay up to the policy limits in the event of settlement or adverse jury verdict.

 General Liability claims can be both frequent and severe. Frequent claims include premises related injuries due to lack of routine maintenance and trips/slips/falls. More serious claims include player injuries resulting in death or disability.