7 April 2009

New Golf Insurance Launched

AIG launches golf insurance product
AIG launches golf insurance product
Cover yourself and your equipment while out on the golf course with this innovative product

One of South Africa's top insurance companies, AIG, has entered a new sporting market, after launching an innovative new golf insurance.

Golf, an increasingly popular pastime in the country, comes with its own perils and dangers, and AIG offers players peace of mind when they step out onto the greens to enjoy their game.

The golf insurance provides cover against death or injury on the golf course, loss of golf equipment whether out on the course or in the club, and liability for injury and property by the player.

The Regional Warranty and Plus+ Manager of AIG in South Africa, Kevin Skuse, said that the insurance was tailor made for golf player. "It's perfect for those who have a bad hook or slice," he said.

The insurance was created after customers requested that AIG launch the product time and time again.

"The cover provides for the loss of clubs and other golf related items," said Skuse. "Even your yellow, green and brown plus fours which cause car alarms to go off."

The insurance is affordable to the average player, with prices ranging from R10 to R40 a month, depending on the cover.

A more light hearted factor of the insurance policy also covers the player in the case of getting a hole in one. While most players would be pleased to achieve this, they may have forgotten the 'honor' of having to buy the entire club house drinks as a result.

The new insurance provides reimbursement to players who have to fork out up to thousands of rands if they get a hole in one.

"We recently settled a bar tab for just over R5000 on behalf of one of clients," said Skuse. "He was obviously elated he hit a hole in one and quite relieved that he did not have to pay for the expensive celebratory round of drinks."





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Story Highlights »
  • The golf insurance will be priced between R10 and R40 per month
  • The cover includes payng for a round of drinks after getting a hole in one

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