Archive for April, 2012

Do I Need A Hole In One Insurance Witness?

Monday, April 30, 2012

Making sure the correct witness requirements are met for a hole in one insurance, putting, and shootout contest is extremely important in order to guarantee a payout in the case of a winner. For the three contests, the requirements will be different, some more intense than other due to a high element of risk involved with the hole in one insurance. For full witness requirements you should be sure you are familiar with the terms and conditions for the contest you are running. Here is a breakdown of the different witness requirements for the contests offered by US Hole In One.

Hole in one insurance policy: The requirements for the hole in one insurance policy are probably the most confusing for clients to understand. The requirements are broken down based on the prize value you are insuring. Any prize under $60,000 only requires one person who is over the age of 18 and not playing in the tournament to sit at the prize hole the entire time of the tournament. For those prize values from $60,000-$99,999, two people are required to act as witnesses with the same restrictions as above. The bonus prizes do not need a designated witness sitting at the hole for the entire tournament as long as the tournament will be played in threesomes or foursomes. No video is required for hole in one polices unless the value is $100,000 or above or is the tournament has less than 25 player and a prize value of $25,000 or greater.

Putting Insurance policy: US Hole in One can insure putting contests up to $25,000 dollars. For all putting contests videotape is required, this involves the measuring of the putt as well as the person(s) taking the putt. For those values $10,000 and under just one additional person over the age of 18 is required and anything above $10,000 will need two additional witnesses.

Shootout Insurance policy: Like the putting application any shootout contest has to be videotaped. Most shootout contests involve a value of $100,000 or greater, due to this high value in addition to the videotape two witnesses must be present, one has to be a PGA professional or an active police officer. For more questions on any of the witness requirements contact your tournament consultant.

Maximize Your Fundraising for Charity Golf Outings

Thursday, April 19, 2012

So you are running a golf event for a charity or a fundraiser. That’s a fantastic idea, but we should go over a few tips that can help you maximize the net donation to your cause.

Running a golf event is hard enough as it is. You are going to run into problems getting the course in advance, organizing the groups, calculating handicaps or getting food and drink for players and the staff. There are plenty of other obstacles to overcome, but lets face it, your main goal at your golf outing is to raise funds, that’s why you are here, to learn how to do just that. So here are some tips from us at US Hole In One to help you maximize your event and get the best return on your event.
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How long does it take to get Hole In One Insurance?

Thursday, April 12, 2012

Here at US Hole In One, our consultants often get the questions, “is it too late to get hole in one insurance?” or “how far in advance do I need to apply to cover my tournament?” At US Hole In One, we make it easy, as long as the tournament has not started, we can get you covered that day!

It is better to give yourself some time to make sure you can take advantage of all the hole in one insurance package has to offer like free bonus prizes and signs. However, we have many clients call last minute and need hole in one insurance for a tournament that same day. In order to get coverage whether it is an hour before the tournament or a month before is to fill out an application. This can be done with the hard copy of the application that your tournament consultant emails you or an online application that can be filled out right on our website. (You are not obligated to purchase. Feel free to use the calculator as much as necessary) If you are able to get the hole in one insurance application back into us at least 10 days before your tournament then you will be able to take advantage of free shipping on all of your hole in one signs. If you are running a little late, no worries, we can still get the signs to you in time for your event for a small shipping fee.

For those emergency situations where someone forgot to get hole in one insurance or your sponsor backs out last minute, it is best the fill out the online application, you will have coverage in minutes!

Shootout Contests Insurance!

Friday, April 6, 2012

US Hole In One is a leading provider of hole in one insurance that are played during the tournament for all golfers in the event however US Hole In One also insures putting contest and shootout contest to add a little more wow to your event. Here are the answers to some of the top questions about Shootout Contests;

What is the difference between a Shootout Contest and a Hole In One Insurance?
– Despite many people’s assumptions there is a difference between a hole in one insurance contest and a shootout contest. A hole in one insurance contest is done during the course of play and involves all golfers in the tournament. A shootout however is done before or after the tournament and usually involves a larger prize for only one to four golfers.

What is the pricing for a Shootout Contest?
– Shootout contests are priced per golfer and can insure a grand prize up to 1 million dollars (40 year annuity).

How do I select the person for a Shootout Contest?
– The contestant is picked at random, a good idea is to sell raffle tickets at the registration table then after the golfers are done playing select one name and have them take the shot. This is also a great way to fundraise for your event.

Where can I hold the Shootout Contest?
– Unlike the hole in one insurance contest the shootout does not have to be on a par 3 hole. You can use whatever hole is closest to the clubhouse for convenience and measure out the minimum distance of 165 yards from the cup.

What are the witness requirements?
– The shootout contest does have to be videotaped. In addition to the video you will need two non event participants to act as witnesses. One of these two has to be a PGA pro to a police officer.

For more information or to receive a quote on a Shootout Contest, call us at 888-882-5440!