Jhapa gold cup local organizing committee (LOC) has insured players and officials taking part in 4th Jhapa gold cup football tournament.

The LOC has insurance of Nrs 5 lakh for all 220 players and the officials.

LOC coordinator Gajendra Paudel and Premier Insurance province 1 chief Thakur Upreti have already signed in MoU.

12 teams are taking part in the event, which has a winning purse of Nrs 12,50,000.