Fast, Flexible, and Fully Covered on the Course
Beacon Hole in One, Now Part of MySPG
Every great golf tournament needs a great prize. Beacon Hole in One lets you offer one — without the risk of paying for it out of pocket.
Whether you’re running a single charity scramble, a corporate tournament, or a full season of club events, Beacon by SPG Canada insures the prize so you can put your name on it with confidence. It’s a promotional tool that gets people talking, and a fundraising lever that gets sponsors signing on.
What started as Beacon is now Beacon by SPG Canada, and it’s part of MySPG: the same coverage you trust, with a clearer connection to the broader SPG Canada family.
Whether you’re a tournament organizer, a club professional planning a season’s worth of events, or a sponsor looking for a memorable way to put your brand on the course, your tournament is more than 18 holes. It’s where your story happens. We make sure that story is protected.
What Beacon Hole in One covers?
Beacon Hole in One is a prize indemnification policy. You insure the prize before the tournament, and if a golfer makes a hole in one on the insured hole, the policy pays the prize — not you.
The program is built to flex around how tournaments actually run:
Single Tournament Coverage, for one-day events, corporate outings, and standalone fundraisers:
Seasonal Tournament Package, for clubs and organizers running a full season of events:
Both options include the Prize Reinstatement Option. If a winner is declared, the full prize is reinstated so the next golfers attempting the insured hole still have a real prize to play for, available for an additional premium.
Why tournaments use prize indemnification?
A hole-in-one prize is one of the most effective ways to turn a regular tournament into a memorable one. It draws players, attracts sponsors, and creates the kind of story that gets people coming back next year.
But putting a $20,000 or $100,000 prize on the line without insurance means the tournament organizer is on the hook if someone actually makes the shot. Prize indemnification transfers that risk to the policy, at a small fraction of the prize value:
Who Beacon Hole in One is built for?
Beacon Hole in One works for the full range of golf tournament formats:
If the format isn’t on this list, ask your insurance broker. Most tournament types are eligible under the program.
How it works in practice?
The program is simple by design:
- 1Talk to your insurance broker about the tournament, the prize, the date, and the hole specifications
- 2The broker confirms the prize value, the hole length, and any eligibility rules (typically a minimum distance and an unobstructed shot to the pin)
- 3Coverage is bound before the tournament, with the certificate issued in time for sponsor and venue requirements
- 4If a winner makes the shot, the policy pays the prize, verified through standard witnessing requirements
- 5With the Prize Reinstatement Option, the prize resets so any remaining golfers still have something real to play for
Why Beacon by SPG Canada?
Ask your insurance broker
Your broker is the person who can match Beacon Hole in One to your tournament, your prize, and your timing. Talk to them early — ideally as soon as the tournament date and prize structure are confirmed — so the coverage is in place well before tee-off.
A note on the name
You may have known us simply as Beacon. We’re now Beacon by SPG Canada, part of the MySPG community. Beacon Hole in One is the same coverage, same team, same competitive rates — just a clearer connection to the SPG Canada family that has stood behind your policy all along.
