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Most of the hole-in-one cover payout do not happen for contest, but for individual that are insured against a hole in one. (source: I work for an insurer) It i

by pierre 4y ago

Most of the hole-in-one cover payout do not happen for contest, but for individual that are insured against a hole in one. (source: I work for an insurer) It is a common provision on the kind of insurance that come attached to a credit card, and you probably are cover for it if you own a premium card in the US or Europe. It generally come with different variation: only on registered games / all games, fix cash amount or expense of the drinks at the club, ... A common exclusion is that you can not own a professional golf licence. A few examples: A British Bank Travel insurance (page 33) https://assets.ctfassets.net/s0jgb0x75qln/413D8sFB4gVNoNWZXng81r/89479fdd09748f70382ed78d52ca193f/co-op-travel-insurance-policy-document.pdf https://assets.ctfassets.net/s0jgb0x75qln/413D8sFB4gVNoNWZXn... Amex (page 85) https://americanexpress.com/content/dam/amex/za/network/documents/Bryte.pdf https://americanexpress.com/content/dam/amex/za/network/docu...

stavros 4y ago
Wait, I don't understand. They pay you if you get a hole in one?!
- slavik81 4y ago
  If you're travelling and play a round of golf at a resort where it is customary for any person who lands a hole-in-one to buy everyone in the clubhouse a round of drinks, then if you land a hole-in-one and have to buy everyone a round of drinks, AMEX travel insurance will reimburse you for the cost of the drinks. It's a completely different thing from the insurance described in the main article.
  - nik_0_0 4y ago
    It is actually the exact thing described in the 2nd section of the main article! Wild that AMEX covers it! (while on a trip booked through them though, it looks like)
  - stavros 4y ago
    Ahh OK, I didn't know about that custom, thank you!
- thematrixturtle 4y ago
  As the friendly article explains, it's traditional to buy a round of drinks for the entire clubhouse if you get a hole in one. Since this can get expensive, you can opt to pay a small fixed sum to the insurance company to pick up the tab if this happens.
  - stavros 4y ago
    I see, thanks! I'm guilty of not reading this one.
chasebank 4y ago
Are you saying my Platinum card will cover a thousand dollar bar tab if I get a hole in one during a tournament?
- eru 4y ago
  Probably doesn't even have to be during a tournament.
eru 4y ago
The article mentions this, and how it's especially popular in Japan.

by pierre 4y ago

stavros 4y ago

Wait, I don't understand. They pay you if you get a hole in one?!

slavik81 4y ago
If you're travelling and play a round of golf at a resort where it is customary for any person who lands a hole-in-one to buy everyone in the clubhouse a round of drinks, then if you land a hole-in-one and have to buy everyone a round of drinks, AMEX travel insurance will reimburse you for the cost of the drinks. It's a completely different thing from the insurance described in the main article.
- nik_0_0 4y ago
  It is actually the exact thing described in the 2nd section of the main article! Wild that AMEX covers it! (while on a trip booked through them though, it looks like)
- stavros 4y ago
  Ahh OK, I didn't know about that custom, thank you!
thematrixturtle 4y ago
As the friendly article explains, it's traditional to buy a round of drinks for the entire clubhouse if you get a hole in one. Since this can get expensive, you can opt to pay a small fixed sum to the insurance company to pick up the tab if this happens.
- stavros 4y ago
  I see, thanks! I'm guilty of not reading this one.

chasebank 4y ago

Are you saying my Platinum card will cover a thousand dollar bar tab if I get a hole in one during a tournament?

eru 4y ago
Probably doesn't even have to be during a tournament.

eru 4y ago

The article mentions this, and how it's especially popular in Japan.