NPFL said the 10 million naira is for insurance claims from policies covering players of the 2022/2023 championship season
By Emma Ogbuehi
The management of the Nigeria Professional Football League (NPFL) has set a benchmark of 10 million naira for insurance claims from policies covering players from all 20 Premier League clubs, starting from the 2022/2023 league season.
In a letter dated November 10, 2022 and signed by Chief Operating Officer Prince Davidson Owumi, elite clubs have been advised that the minimum demand for a death or permanent disability insurance policy of an employee, required by the clubs NPFL is Ten Million Naira (N10,000,000.00) only.
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The NPFL further insisted that such a policy must be underwritten by a reputable insurance company domiciled with the NPFL, as required by club licensing regulations.
In a similar development, the circular also informed clubs that it is mandatory that they deliver 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 framework and rules of the NPFL, and CAF club licenses. document.
While the statement added that the move was necessitated by constant complaints from players that they did not have copies of their contracts, league officials also warned errant clubs of stiff penalties, should they fail to do so. respect.