Hole In One Coverage

Offered by Western Security Surplus Insurance Brokers, LLC

Golf Tournaments Hole In One Prize Indemnification

Description

Acer's Golf Hole-In-One Association (AGHIOA) assumes a liability to meet the cost of any hole-in-one prizes won at your tournament and this liability is insured with an A.M. Best A – rated insurance carrier. The "A" is the highest quality rating available.

When you host a golf tournament you may want to offer up a large financial prize, like a car or several thousand dollars in cash, to any person who makes a hole-in-one. But rather than taking on the risk of paying a contest winner out of your own pocket, you would secure prize indemnification coverage (also known as hole-in-one insurance) in exchange for a small fee relative to the value of the prize. Then when a participant does win the hole-in-one contest, the coverage provider would pay the claim, subject to the terms and conditions of the coverage.

Listing Contact

Mark Kaufman

Offered By

Western Security Surplus Insurance Brokers, LLC

20 listings in 50 states + DC

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Availability 50 states + DC

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