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Hole-in-one insurance, often purchased by a golf tournament host or sponsor, reimburses tournament organizers for the cost of awarding a hole-in-one prize in the event a tournament participant successfully hits a hole-in-one during the tournament. According to the newspaper USA Today, the odds of an amateur golfer hitting a hole in one on an ...
As someone who doesn't golf much and has never hit a hole-in-one, no matter how good the odds, I don't expect I'll ever need hole-in-one insurance. But some people must, because there's a market ...
In 1991, Gilmartin added to his business holdings by co-founding Hole In One International, a full-service golf promotions and prize indemnification insurance company. [1] Soon thereafter, Hole In One International added a sister company, Odds On Promotions, to handle the non-golf promotion and prize indemnification requests it was receiving.
In March 2007, Aviva Canada began to offer "hole-in-one insurance" to organizations that sponsor golf tournaments across Canada. The Hole-in-One insurance product allows tournament organizers to offer a cash (or equivalent) prize to anyone who makes a hole-in-one on one of the par 3 holes. The product is coupled with an online quoting tool that ...
In golf, a hole in one or hole-in-one occurs when a ball hit from a tee to start a hole finishes in the cup. The feat is also known as an ace, mostly in American English.As the feat needs to occur on the stroke that starts a hole, a ball hit from a tee following a lost ball, out-of-bounds, or water hazard is not a hole-in-one, due to the application of a stroke penalty.
References External links 0–9 19th hole The clubhouse bar. A ace When a player hits the ball directly from the tee into the hole with one stroke. Also called a hole in one. address The act of taking a stance and placing the club-head behind the golf ball. If the ball moves once a player has addressed the ball, there is a one-stroke penalty, unless it is clear that the actions of the player ...
Harris English hits his tee shot on the second hole on the South Course at Torrey Pines during the final round of the Farmers Insurance Open golf tournament Saturday, Jan. 25, 2025, in San Diego.
Body-part insurance, for people whose livelihood depends on the state of a particular part of their body, such as actors' legs or noses [2] Kidnapping of key corporate executives [ 3 ] Hole-in-one insurance, for country clubs or other venues hosting golf tournaments with large cash prizes for a hole-in-one [ 4 ]
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