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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 ...
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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]
It came from a "hole-in-one insurance policy". [ 10 ] [ 11 ] It was "fully funded through January 1, 2005, through private donations and backed by an insurance policy to guarantee that the $10 million is in place on the day that the prize is won."
In fact, according to the latest Corebridge Financial Life Insurance Awareness Survey, 47 percent of Americans overestimate the cost of a term life insurance policy, and another 41 percent simply ...
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In October 2015, Gilmartin was interviewed by John Kelly for an article about hole in one insurance that appeared in the Washington Post. [16] In February 2025, Gilmartin refused to pay UMass college student Noah Lee following a promotion he ran at a UMass basketball game with a prize of $10,000.