Charity Fundraising: How Hole in One insurance can help.

Charities have had a tough time during the pandemic, lockdown and furlough have made fundraising very difficult at a time when their services are being used more and more by vulnerable people who are struggling with the pandemic. As things start to return to normal, fundraising events are going to be a key part of any charities plan to raise funds and continue helping in their communities.

A popular and fun solution is a charity golf tournament.  Golfers are passionate about their sport and are happy to pay to enter a tournament and even better if they can help a local charity out whilst doing so. Local golf clubs are also very keen on hosting such events.

What can we do, you say, to encourage entrants and maximise fundraising?

How about offering a Car or similar prize to an entrant achieving a Hole in One at a specified hole? It may seem like an expensive way of encouraging entrants however Hole in One insurance is available and for a very reasonable price can cover the cost of providing the prize. Insurers can provide ancillary prizes as well such as nearest to the pin, longest drive, etc.

A hole in one occurs once in every 3,500 rounds but with the amount of golf played around the world there are around 128,000 scored every year!

Another advantage is that a local dealership may help you with promoting the event in return for having the car at the hole advertising their business.

Other Prize risks can be insured provided the prize is not guaranteed, they can include envelope picks, basketball shots, cross bars challenges and many more.  Pulse will work with your charity clients to help them gain the maximum exposure for the premium paid.

For more information, please contact ymarriott@pulse-insurance.co.uk.

Pulse can also provide Travel, Kidnap and Ransom and Personal Accident cover for charities and NGOs, including cover for volunteers, overseas missions, and sporting events. For more information, please contact bpailthorpe@pulse-insurance.co.uk.