By securing hole-in-one insurance, you work with a licensed and bonded prize indemnification provider in WinningTicket Insurance LLC. We assume the risk associated with offering a valuable prize at the hole-in-one contest in exchange for a one-time premium. With coverage through WinningTicket Insurance LLC, if you have a hole-in-one contest winner, we become fully responsible for paying out the prizes. All Terms & Conditions are spelled out in the Agreement when securing a policy.