Insurance is a must for any digital creator. Like any tangible business or service, creators are subject to various dangers that could cause them to lose a considerable amount of money, damage their reputation, or even close their business.
Refer below set of FAQs on multiple risks faced by creators and how creator protect plan can help mitigate those.
As a content creator, have you ever considered the value of your digital assets? From original content to social media accounts, these assets are crucial to your online presence and can be just as valuable as physical assets.
In fact, according to a study by Market And Market, the global digital asset management market size is projected to reach USD 8.0 billion by 2027 from USD 4.2 billion in 2022, at a CAGR of 13.6%. As the world becomes more digitized, content creators need to prioritize the protection of their digital assets.
Creator Protection Plan is a comprehensive plan that enables access to Welance platform and comes with an insurance policy underwritten by SBI general insurance limited. With internet being the primary mode of business for most of the digital creators, the creators and their followers are exposed to a wider risk online. The use of internet has brought convenience for many, but, it has also been responsible for exposing individuals to perils like cyber-attacks. Considering the exposure to online risks, “Creator Protect” provides protection to financial losses arises from Cyber Risks only in line with Cyber-attack.
As a content creator, you know the importance of staying ahead of the curve regarding the latest trends and algorithm changes. But what about the risks that come with having a strong online presence? Impersonation is an ever-present danger that can have devastating consequences for content creators.
Impersonation involves pretending to be someone else to deceive others, and it can take many forms, from creating fake social media accounts to identity theft. But why are the cases of impersonation increasing, and why is this such a big challenge for content creators? A report by the Anti-Phishing Working Group found a 22% increase in phishing attacks in the first quarter of 2020, with most attacks occurring on social media platforms.
Did you know that content creators and influencers face an increased risk of being sued for libel and defamation in today’s digital age? With the rise of social media and the internet, it is easier than ever for individuals to spread false information that can damage someone’s reputation. And this is one of the prime reasons of increasing need for social media influencer insurance.
Have you heard of the creator economy? If not, you might miss out on one of the biggest opportunities of the digital age. With a market size estimated at over $100 billion, the creator economy is changing how we work, create, and consume content.
But what exactly is the creator economy, and how can you make the most of this emerging market? From bloggers and podcasters to social media influencers and YouTube stars, individuals are monetizing their skills and passions, creating sustainable careers, and building loyal audiences.
Did you know that cybercrime is one of the fastest-growing criminal activities in the world? In fact, according to the report from PR Newswire, cybercrime has increased by a staggering 400% since the start of the COVID-19 pandemic, suggested FBI. This staggering increase highlights the need for greater awareness and prevention measures to protect against cyber threats.
The effects of cybercrime can be devastating, ranging from financial loss and identity theft for individuals to reputational damage and legal repercussions for businesses. Additionally, cybercrime can have far-reaching consequences for society, from economic impacts to national security concerns and an increase in cyberbullying and harassment.
Social media platforms have taken the world by storm, changing how we connect, communicate, and consume content. From Facebook to Instagram and Twitter to LinkedIn, these platforms have become integral to our daily lives, allowing us to share our thoughts, ideas, and experiences with a global audience. With the rise of influencer marketing, social media has also become a platform for individuals to build their brands and generate income.
YouTube, in particular, has emerged as a leading platform for content creators, with millions of users creating and sharing videos on a wide range of topics, from finance and fashion to gaming and education. The impact of social media influencers on the general public is one of the major why brands collaborate with YouTubers and influencers.
Are you a content creator? Have you ever received a collaboration offer that seemed too good to be true? Or you’ve noticed a sudden increase in followers and engagement on your social media, only to realize later that they were fake. Unfortunately, these scenarios are becoming all too common as fraudsters are finding new and creative ways to dupe content creators and their followers.
While working online, have you ever felt that your personal and professional information is at risk and someone is tracking your online activities, even when you’re alone? Does the thought of someone constantly monitoring your online activity make you uneasy? These are common concerns in today’s digital age, where privacy and online safety are becoming increasingly important.