Why Rappers Get Life Insurance Benefits Paid to Record Labels

In this episode I break down how hip hop record labels use life insurance policies to secure their investment when signing an artist

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Matt Sapaula, is a former United States Marine turned veteran entrepreneur.

Matt helps those in transition of a new career and occupation to become an entrepreneur while acquiring the confidence, mindset and skills to win the money game.

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MATT SAPAULA YOUTUBE CHANNEL DISCLAIMER: Matt Sapaula is not a registered investment advisor for the offering or sale of securities nor to provide investment advice. Matt only deals in securities subject to an exemption from registration and will only provide investment services to accredited investors as defined by the Illinois Securities Act of 1953.

[rayjordan]

Its all coming to light. The devil is very slick. Record labels had investments in private prisons and started only signing rappers who promote violence and criminal activity in their music.
So the young kids started idolizing criminal behavior. A pipeline straight to the same for profit prisons.
Music...the devil was a choir director in heaven, music it has influence over people.

[iwannabfree]

Great info!! I always wondered about that. So I guess it's just the lender protecting his investment huh? I still think it's suspect how these rappers be dying. Last year the number of rappers death was off the chart. How many of them was signed to one of those contract$ ??🤔🤔

[bigbusiness]

He’s right & they should…always protect your investment…. What’s sad is these rappers run around without life insurance….Some jobs do the same thing

[ronbabb]

Very good and enlightening information the should be looked into and applied. . .

[melissawilliams]

Record labels getting life insurance on rappers but the public has to bury them😳😳😳😳😳😳😳 Record labels should be encouraging the rappers to get life insurance for themselves. SMDH

[telthatruth]

It’s a win, win idea for the companies. What about the families of these artists? Heard that Aaliyah’s uncle got millions from her death. What did her mother get?!? What about the dark side of this seemingly great idea? These companies make money whether they live or die. I heard that when the artists get successful, they’re worth more dead than alive. What about record companies owning the artists masters and when some of them finally manage to get ownership, they end up dead? There’s a dangerous side to taking out insurance on someone in any aspect ….Whitney Houston, Michael Jackson, Prince, etc. Given too much control over an artist can be a dangerous thing in the hands of people with deep pockets. Am interested in music. Thanks for explaining what the record companies do.❤

[benden]

If I run a record label I would do the same thing. These guys have no money initial the company invested in them, market and promote their music. Furthermore these idiots often live lives that result in a shortened life.

[TheTheletterI]

It's business at the end of the day.

[ivancazares]

Hey Matt, how can I become a financial Advisor? What do I need to major in?