Comment by pierre | Hacker News Reader

Comment by pierre | Hacker News Reader

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/413D8sFB4gVNoNWZXn...

Amex (page 85) https://americanexpress.com/content/dam/amex/za/network/docu...

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

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

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.

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)

Ahh OK, I didn't know about that custom, thank you!

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.

I see, thanks! I'm guilty of not reading this one.

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

Probably doesn't even have to be during a tournament.

Reply on news.ycombinator.com