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According to a statement from FUFA, The partnership is worth sh660m to be renewed annually indicating an increment from sh570m signed previously. NIC first entered the partnership with FUFA in 2008.
While unveiling the new partnership at a press conference at NIC Building in Kampala the Managing Director Folayan Bayo said that his company will keep insuring the Uganda Cranes to uplift standards of players.
“Our vision in supporting the Cranes is to create an enabling environment for our footballers so that they too can compete on a global platform and rank among the best in the world,” said Bayo.
FUFA president Moses Magogo said that the partnership is a motivation for both the players and federation officials.
‘We are happy that our players are insured. It may not sound well in this part of the world but this kind of investment gives us the motivation to go out there and do our best’ said Magogo.
The partnership starts with immediate effect.
Break down of the partnership
Sum Insured SHS 660M
Death: SHS 20M per player
Permanent injury picked up while on national duty: SHS20M
Medical up to: SHS 3M
Funeral expenses (irrespective of cause of death) SHS 1M
Accumulated limit injuries/death SHS160M
Number of players and technical team during training: 33
Number of players and technical team traveling overseas for a match: 25