Hole In One Insurance Makes For More Successful Golf Tournaments

March 24, 2009 - PRLog -- Are you a golf tournament director or golf outing sponsor who has been tempted to tighten up on your tournament prizes or hold back on your golf sponsorships to save a few bucks this year?  

You may be risking more than you think.  Several marketing studies have proven businesses which increase advertising and promotion during periods of economic downturn improve their market share and experience a greater return on their investment than those who don’t.  

And the same is true for charity golf tournaments.

According to Mark Gilmartin, President and CEO of the nation’s leading hole in one insurance provider, Hole In One International, “This year it’s essential that golf tournament organizers create attractive sponsorship packages, increase pledges and donations and maximize golfer turnout. And that’s going to be a challenge - because as you know, many people and businesses have fewer discretionary dollars to spend. That’s why we believe strongly that this is the year to consider purchasing hole in one insurance – even if you’ve never thought about doing so before.”

Gilmartin explains, “With hole in one insurance, a golf tournament director can offer a headline-grabbing hole in one prize -  like a dream golf vacation to Pebble Beach, a brand new car or even a $1,000,000 - for a small fee and if a golfer makes a hole in one on the ‘target hole’ the insurance company, pays for the prize.”  

“Hole in one insurance is a savvy tournament director’s secret weapon for driving increased golfer turnout, capturing more sponsor dollars and generating bigger P.R. for both the event as well as the charity,” notes Gilmartin. “And, while hole in one insurance is a great place to start, I suggest adding either a million-dollar shoot-out or putting contest to your tournament to raise even more money and awareness for your cause.”

Prices for Hole In One International’s hole in one insurance packages start from $150 and are based on the total cash value of the prize being offered, the number of participants in the tournament and the length of the hole that’s being insured.

In addition to hole in one prize coverage, Hole In One International includes complimentary auxiliary prizes for all non-target par threes, complimentary tee markers and customized target hole contest signs, as well as packages of free golf club or golf bag certificates that the sponsor or tournament director can distribute to tournament participants as a complimentary tee prize.

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Hole In One International is the nation’s leading provider of hole in one insurance, million dollar shoot-out insurance, putting contest insurance, rain out insurance, and contest & sponsor signs for company, charity, and golf course tournaments.