Hole in One insurance for golf events in New Zealand.
EventCover’s Hole in One insurance helps associations, clubs, corporates and charity golf days offer a standout prize without carrying the full financial risk if a player aces the designated hole.
What Hole in One Insurance Covers?
Cover is designed for a specified prize on a nominated golf hole during an organised event. If an eligible participating player scores a verified hole in one under the agreed event conditions, EventCover responds to the insured prize value in line with the policy terms.
This cover is commonly used when an organiser wants to promote a premium prize, such as a vehicle, travel package, cash-equivalent reward or another headline activation that would be difficult to self-fund if won.
Who This Product Is For?
- Golf Clubs and AssociationsIdeal for tournaments, member events and sponsored competition days.
- Corporate SponsorsUseful when a brand wants stronger attention, participation and event-day engagement.
- Charity Golf DaysHelps fundraising events offer a bigger prize moment without exposing the organiser to the full jackpot cost.
What Affects the Premium?
Indicative pricing is mainly driven by the structure of the golf event and the size of the prize exposure. At a high level, underwriting looks at the factors below.
Prize value
Higher insured prize values increase the exposure being transferred to the policy.
Player mix and attempts
Participant numbers, rounds and attempts per player affect the total number of qualifying shots.
Hole distance
The distance from tee to flag is a core underwriting factor when assessing the chance of a successful ace.
How the Cover Works?
- 1. Decide on the prizeChoose the prize and confirm the value you want insured.
- 2. Select a suitable holeEnsure the nominated hole meets the event and policy requirements for distance and administration.
- 3. Set up event supervisionNominate suitable witness supervision and use the event-day instructions supplied for the competition.
- 4. Obtain the quote and confirm coverUse the calculator for an indicative premium, then submit the full proposal so underwriting can review and confirm the quotation.
Key product highlights
- Prize limits from $5,000 to $500,000Subject to acceptance criteria and final quotation terms.
- Available for amateur and professional golfersEvent format and participant mix still need to be declared accurately.
- No professional supervision required up to $50,000Useful for organisers who need a simpler event-day setup for smaller prize limits.
- Designed to be easy to administerEventCover supplies supporting documentation to help organisers manage the competition day.
Event requirements to prepare for
Before moving to a formal quote, organisers should prepare the core event details so the underwriting review is straightforward and the competition can be administered correctly on the day.
- Minimum hole lengths matterAs a general guide, cover is subject to minimum hole lengths of 137 metres for amateur men and 118 metres for amateur women. Professional women can play from 137 metres and professional men from 146 metres.
- Prize and event structure need to be clearHave the prize value, participant numbers, rounds and attempts ready before using the calculator or proposal form.
- Witness and competition controls should be plannedEventCover provides instructions and supporting documents so the challenge can be supervised properly, and EventCover can also provide supervision for an additional fee if required.
Indicative Premium Calculator
Use the calculator below for an indicative NZD premium based on prize value, player numbers, hole distance, rounds and attempts. The result is an estimate only and is not a binding offer of cover.
Hole in One Calculator
Adjust the inputs below to generate an instant premium estimate for your event.
Indicative premiums are in NZD.
Common questions
- Can I get a quick price before submitting a full proposal?Yes. Use the EventCover calculator for an indicative NZD premium, then continue to the full proposal form for formal review.
- Is the calculator the final quote?No. The calculator is an indication only and is not a binding offer of cover.
- Do I need to know all event details before I start?You should have the prize value, participant numbers, hole distance, rounds and attempts ready, because those are key factors in the premium calculation.