Protect yourself against the chance of a hole-in-one
At golf tournaments, it’s common to offer a big prize, often a luxury car, for anyone who scores a hole-in-one. While the winner will be thrilled, as the organiser, you might not be as excited. After all, giving away that prize can be a costly surprise.
With hole-in-one insurance, you can ensure that the cost of the prize will be covered if someone does manage to score a hole-in-one. This way, you stay in control and can keep the event fun and stress-free for everyone involved.
+9.500
+9.500 policies last year
25
25 employees
7
Active in 7 countries
24/7
Available 24/7
+15
More than 15 years of experience
How does it work?
At golf tournaments, organisers often offer a big prize for anyone who manages to score a hole-in-one. The chances of it happening might be slim, but with hole-in-one insurance, you’re covered if someone does make that lucky shot. If it happens, the insurance will reimburse you for the value of the prize.
This way, it remains a fun experience for both the participants and you as the organiser!
Cover the gambling tax too
When a prize is won, the winner is required to pay gambling tax. This means the winner will need to pay 30.5% tax on the prize if they score a hole-in-one. But with hole-in-one insurance, you can choose to cover this gambling tax as well.
This way, the winner will receive a full prize and won’t need to pay tax on it afterward. Much more fun!
About No Risk
No Risk is the leading event insurance specialist in the Netherlands, with clients like Lowlands, Pride Amsterdam, ADE, Sziget, Wildeburg, and Pinkpop. Each year, we insure thousands of events worldwide – in all shapes and sizes.
More about No Risk