Looking forward to that great golfing trip? That’s fine – but have you considered golf insurance?
The costs of golf equipment
Whether you’re an enthusiastic amateur or a pro, you’ll know only too well just how expensive your clubs can be.
Lose one and you’ll be paying out a fair sum of money. Lose an entire set and it could be a minor financial catastrophe.
That’s why specialist golf insurance exists – to help protect your financial interests in the event that bad luck rears its ugly head in the direction of your golf clubs.
General insurance
You may think that one of your existing forms of insurance may help you, such as general household or perhaps travel insurance.
In fact, these types of cover may not help with golf or other forms of expensive sporting equipment such as golf clubs or scuba gear etc.
So if you have golf clubs, you may need to consider specific golf cover.
The protection provided
A golf cover policy will typically provide:
– golf clubs cover – to protect your clubs from theft, disappearance or destruction;
– individual club cover if one is stolen;
– if your equipment is lost or stolen, a contribution towards the cost of hiring replacements to keep your holiday or day on the fairways alive;
– hole in one cover – normally a hole in one is great cause for celebration but if you’re buying a large round at the bar afterwards it can hurt the wallet and golf cover can help by making a payment towards it.
Do note that as with any insurance product, terms and conditions, exclusions and limitations will apply and you may wish to read these carefully to ensure you understand them.
Unlikely events?
No, this doesn’t refer to the chances of you getting that hole in one!
Many of us are inclined to think that bad luck only strikes others – and that may prove to be an expensive mistake.
Accidents can happen to anyone and result in your clubs being reduced to junk or simply vanishing into thin air.
Its also sadly true that even in the most exclusive golf clubs, theft is always a possibility and it’s not unknown for thieves to pose as members to gain entry to locker rooms etc.
That’s why thinking about golf insurance might be worthwhile.