Asia

Hole-in-one golf insurance policy abused by fraudsters

Due to the increasing number of frequent golfers during the domestic pandemic, various golf-related insurance policies are flourishing. The details of the various insurances vary from product to product, but golf insurance policies in most regions cover the payment and expense of injuries, damages, vehicle accidents, and hole-in-one related incentives on golf courses. Some local golf insurance companies either provide incentive payments to golf policyholders in the event of a hole-in-one hit, or cover the costs incurred by golfers to celebrate a hole-in-one event.

https://www.koreatimes.co.kr/www/special/2022/06/175_331899.html?fl Hole-in-one golf insurance policy abused by fraudsters

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