The list, which was created to help golf tournament organizers and hole in one contest sponsors select and insure hole in one contest prizes, is based on both customer requests and suggestions as to what the hottest prizes will be during the upcoming golf season.
For those unfamiliar with how hole in one insurance works, Hole In One International's president and CEO, Mark Gilmartin explains, “Sponsors and tournament directors use hole in one insurance coverage to make their golf event more appealing to potential participants. For a small fee based on the dollar value of the prize being offered, the number of participants in the tournament, and the length of the hole that is to be insured, a golf tournament organizer can advertise the chance to win any prize with a cash value up to $1,000,000. And, if someone aces the target hole, Hole In One International pays for the prize.”
According to Gilmartin, while insuring cars, motorcycles and cash prizes at company, charity and golf course tournaments is the norm, the company's annual dream prize list is designed to not only get tournament directors thinking creatively about the innovative and attention-grabbing prizes they can offer their tournament participants, but what kinds of sponsors they might pursue.
"This year’s Top Ten list offers something for everyone. These dream prize ideas are not only going to capture a golfer’s attention, they will help tournament organizers grab the attention of the local media. After all, who wouldn't love to win a golf bag full of gold? And of course, because all of these prizes are insurable, when a player aces, Hole In One International will be there to write the check for the prize – on anything...up to a million bucks, " stated Gilmartin.
In addition to the hole in one prize coverage, Hole In One International’
Founded in 1991 and headquartered in Reno, Nevada, Hole In One International is the nation’s leading provider of hole in one insurance, million dollar shoot-out insurance, putting contest insurance, rain out insurance, and contest and sponsor signs for company, charity, and golf course tournaments.
For more information on Hole In One International’
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Hole In One International is the nation’s leading provider of hole in one insurance, million dollar shoot-out insurance, putting contest insurance, rain out insurance, and contest & sponsor signs for company, charity, and golf course tournaments.