Insurance Products

Talentpreneurs

Financial and Insurance advisory services to maximise talent Earnings

1. SPORTS PERSONS
2. ACTORS / ACTRESSES
3. ARTISTES / SONG PERFORMERS

Introduction: the life of person who makes a living from his/her talents is unique. They grow and age reaching a plateau for some years and afterwards nature begins to take its course. As age increases our organs also age and as such our ability to do many things decreases. This is typical of every human being as we live life in stages.

Life Stages: We live our lives in stages. At a time, we were children who are taken care of by parents/guardians. We grow into the age of youth and are expected to be charting our course what we hope to do in life. Parental support is still available to some extent here.

At adult stage we are expected to be fully on our own working and earning income. Persons who live exploiting their talents (sports/ music/acting) are like business men who do not earn regular (monthly/fortnight/weekly) income but earn big incomes at intervals. The question to ask is "will these streams of income continue for life? Probably not, as age catches up with every human being. As age increases agility decreases also leading to decline in performance. This calls for a food for thought. What is the celebrity who thrives selling his talent expected to do during his/her active days? The plain answer is- manage earnings for the present with the future in focus. 7"

At retirement age what manifests? Earnings have ceased or reduced considerably as new actors or celebrities have now taken the centre stage. Do you want to enjoy this stage of life? You must put away something. As it rains. You store part of your rain water for when there would be no rainfall. It is said in local parlance "do not eat with your ten fingers". Whatever you put away is what will help you to live a decent life at old age.

Negative Scenario: It is very disheartening to find a successful sportsperson, actor or artiste living in squalor after dominating headlines, national life and enjoying the best of luxury/comfort. The major cause is an unplanned financial life. An international player who has played in the best league in Europe after his playing days, lives a life of penury that public attention is called to rehabilitate such a person.

A successful actor is down with illness and cannot take care of themselves. Fellow artistes and men of goodwill have to contribute to fund the treatment.

There are numerous cases everywhere now and then. For those who are still active, now is the time to make provisions for the future. Do not postpone till tomorrow.

Our offerings/interventions: Our involvement is to give advisory services that will ensure a conscious management of funds from current earnings:

• Create reserves and make provisions
• Build up assets that are enduring with ability to bring yields.
• Protect assets from damage, loss or destruction by way of insurance and any other viable method.
• Help to focus on future-post active/retirement life and make plans for such.