NPFL sets N10m benchmark on players’ insurance policy

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The management of the Nigeria Professional Football League has set a benchmark of 10 million naira for insurance claims from policies covering players from the 20 Premier League clubs, starting from the 2022/2023 league season.

In a letter dated November 10 and signed by Chief Operating Officer Davidson Owumi, elite clubs were told that the minimum claim for an insurance policy in the event of the death or permanent disability of a employee, required by the NPFL from clubs is N10,000,000.00 only.

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 articles 9.49 and 12.12 of the framework and rules of the NPFL, and CAF club license record.

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 offending clubs of stiff penalties, should they fail to do so. respect.

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