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Hole in one insurance, also known as hole shot insurance, is a special insurance product designed to provide financial protection to golf tournament organizers or sponsors in the event of a hole in one shot by a tournament participant. Benefits of hole in one insurance: 1. Protects against large prize fees: Hole-in-one prizes, especially at prestigious golf tournaments, can reach very high amounts. Hole in one insurance helps tournament organizers cover the cost of the prize without experiencing financial loss. 2. Increases the attractiveness of the tournament: Providing large hole-in-one prizes can attract the interest of participants and sponsors, thereby increasing the popularity and profitability of the tournament. 3. Generate participant enthusiasm: The possibility of winning big prizes can increase the enthusiasm and enthusiasm of participants, making the tournament more interesting. There are several types of hole in one insurance available, including: 1. Single hole in one in
