The Weird Japanese Hole-In-One Tradition By Michael Van Duisen on Monday, September 9, 2013 In A Nutshell In Japan, golfers buy insurance to protect themselves on the course; however, it's not for what you might think. They purchase it because if they get a hole-in-one, they have to buy gifts and drinks for their friends. The policy covers them for a party worth up to $3,000, for the low price of $65 a yearr