Inarguably this has to be one of the most weird insurance cover I have ever come across - an insurance for a celebration!
For the uninitiated, if you are playing golf and happen to score a Hole in One (that’s when you hit the ball directly from the tee into the hole in a single stroke), your insurance company might actually pay you - not for the achievement itself but to cover the cost of celebratory drinks at the golf club on the same day.
Yes, you read that right. There exists an insurance clause that reimburses the insured for the drinks they buy after achieving this rare golfing feat.
The intent seems to be covering the social obligation golfers have to treat everyone at the club when they achieve this rare accomplishment. Apparently, this is a big tradition in golfing circles and someone, somewhere, thought, “Let’s insure it!”
While most of us worry about health, travel, or term insurance here’s a reminder that the world of insurance can get strangely creative.
Now I’m just waiting for someone to come up with “Insurance for celebrating an insurance claim approval.” 😄
#Insurance #Golf #EveryPaisaMatters #FinanceWithFun