Hole witnesses are not needed until prize values exceed $10,000 dollars resulting in fewer volunteers
Larger prizes such as cars, trucks and boats will require that witnesses are posted at the tee box and/or green to verify a hole in one claim. This is as much for your protection as well as for ours. The prize value will determine how many witnesses you may need if any. Witnesses are an essential part of your golf outing insurance policy. At Golf Tournament HIO, we have set the limits as such:
For prize values of $10,000 or less, two of the players in the foursome will act as the witnesses for the Hole in One coverage. This will cover your bonus prizes as well as many of the prizes that you choose to have at your charity or corporate fundraiser. As you might imagine, most of your higher priced prizes are going to need additional people to be an impartial observer.
For prizes that have a cost of $10,001 but not more that $49,999, your golf tournament will still need to have two players from the foursome act as witnesses, as well as one official third party witness positioned at either the tee box or the green of the designated sponsor hole. Most golf tournament witnesses choose to remain at the tee box so that they can meet all the golfers as they arrive at the hole.
For prizes that have a cost of $50,000 to $100,000, your golf tournament will need to have an additional witness so that there is one witness at the tee box and one at the green. One of these witness must be a PGA professional.
All prizes that are over $100,000 have some additional requirements that need to be considered. The most important of which includes videotaping each attempt (including the measurement of the placement of the hole). It is rare that a charity golf fundraiser will purchase a Hole in One insurance policy for the entire field of golfers to attempt to win a prize of this dollar value. Quite frankly, the cost could become prohibitive. However, during a one million dollar shootout , video taping becomes a very realistic requirement.
For this reason, we often suggest that instead of doing a one million dollar golf shootout you may want to consider having 10 golfers attempt to win $100,000 each. This way your golf tournament can get some more participation, and you don’t need to worry about videotaping the shootout.
And remember, mulligans or second shots can not be used to win a any hole in one prizes.
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