Home Sports Football NPFL sets N10m insurance policy for players

NPFL sets N10m insurance policy for players

2 min read
0
0
31

The management of the Nigeria Professional Football League (NPFL) has set a benchmark of N10 million insurance policy for players of the 20 Premier League clubs, beginning from the 2022/2023 league season.

In a letter dated 10th November 2022 and signed by the Head of Operations, Prince Davidson Owumi, the clubs in the top flight were informed that the minimum claim for death or permanent disability of an employee of an NPFL club is N10 million.

The NPFL insisted that such a policy must be acquired from a reputable insurance company and domiciled with the the body as required by the club licencing regulations.

The circular made it mandatory for the clubs to hand over a signed copy of a player’s contract to the player and his agent, in accordance with Sections 9.49 and 12.12 of the NPFL framework and rules, and CAF club licensing document.

The statement said that the move was necessitated by constant complaints from players of not having copies of their contracts.

The league managers also warned erring clubs of severe sanctions, in the event of non-compliance.

Load More Related Articles
Load More By Breezynews
Load More In Football

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Arsenal could miss out on Brazilian star to Man City, Rivaldo warns

Amidst swirling transfer rumors, Arsenal’s aspirations to secure Newcastle midfielder Brun…