Promotional Materials and Prizes for Hole in One Insurance

When purchasing hole in one insurance, there are other things to consider besides the coverage. Many hole in one insurance providers offer additional services to make your event more enjoyable for the contestants and also to make life easier for you. Being able to promote your event sufficiently and to offer more to your participants is the key to success for your event or tournament. Below are some "extras" you should consider when searching for a hole in one insurance provider.

Are Promotional Materials Included?

Many providers offer a bonus incentive with your policy that includes promotional materials you can use to draw attention and present your event professionally. Some of these materials might include directional signs, tee markers for your target hole, signs for sponsors, etc. You might receive a few signs free with
your policy and be given the opportunity to purchase additional signs with some companies. Each provider is different in the way they include promotional materials.

Coroplast (TM) Signs

One of the most popular types of signs used during these events is the Coroplast (TM) sign. The Coroplast (TM) material is made of corrugated plastic that is very lightweight. These signs are also very durable for outdoor use, weatherproof and sturdy.

Coroplast (TM) signs are easy to display. They're normally placed in the ground using wire stakes which require no hammering. Using these types of signs makes it easy to set up your promotional materials as well as remove them when the event has ended.

The Grand Prize

With most providers, you'll be allowed to choose a grand prize for your event up to a certain amount of money, such as $1,000,000 or you can choose an item to give away instead of cash. Prizes might include a cruise, airline tickets, cash, family vacation, etc. Each provider will usually offer a variety of prizes to fit your needs. Pre-packaged policies are sometimes offered which enable you to save money on your hole in one insurance.

Secondary Prizes

A variety of secondary prizes might be offered to encourage all participants in your event to do their best! During your event, there might be a another hole in one for a hole other than your target grand prize hole. This shot might be rewarded with a secondary prize that's valued less than the grand prize. Sponsored gifts might also be offered during the event for great shots, the longest drive, best putter, etc.

Event Director Prize

If you enjoy playing golf, you might be given the opportunity to win a prize yourself as the event's director. This is often referred to as a "bonus" prize, compliments of the hole in one insurance provider or another sponsor.

Questions to Ask

Below is a list of questions you should ask before selecting your provider. Resolving these issues in advance will save you from many headaches later. You should know all the facts about your event, the prizes and coverage beforehand.

1. What type of prizes are offered by your company for the grand prize and/or secondary prizes?

Find out if the company covers cash prizes and the cash limit. Also, ask about other prize options and the prizes available for other unique shots during the tournament.

2. Are the secondary prizes of good quality and name brand products?

Don't be afraid to inquire about the quality and brand names of the secondary products. For example, if the company representative won't reveal a brand name, they might be offering something really cheap.

3. How long does it take for a winner to receive his/her prize after the event?

Find out the time frame that a winner will have to wait to receive their prize. You'll need this information to pass along to participants before the event begins to avoid any confusion.

4. What type of investigation is performed when someone earns a prize?

You'll need to understand the investigation process before your event begins. Will there need to be witnesses and other requirements for the prize to be awarded. How long does the investigation last? A few days? A few weeks?

5. What are the odds of someone winning a secondary prize based on the numbers I've given you about my event?

Every event is unique. You might be able to find out what the odds are for different types of contests which will be held throughout your tournament.

6. What are the odds of someone winning the grand prize based on the numbers I've given you about my event?

Most providers will be able to calculate the odds of someone making the hole in one for a grand prize. They'll need to know how many people will participate as well as the details of your course and the hole.

7. What types of promotional materials do you provide with my hole in one coverage?

Find out what's included with your policy, and which materials you'll need to purchase separately, if any. You should also inquire about the durability and brand of signs.

Asking these questions in advance will equip you to make the right decision about who should be your provider. You'll want to be sure that everything offered, from the prizes to the promotional materials, is top quality. You're better off not having an event if you can't have top quality. This reflects on you and your organization.