The mind-boggling deal effectively doubles the value of his previous liability and is rivaled only by a handful of leading figures from the American entertainment industry.
LONDON: David Beckham, the world's most iconic footballer, has reportedly taken the biggest personal insurance policy for 100 million pounds in the sporting history.
The mind-boggling deal effectively doubles the value of his previous liability and is rivaled only by a handful of leading figures from the American entertainment industry, 'The Times' claimed.
Mariah Carey and Jennifer Lopez, the singer-actresses are said to have insured their bodies for 1 billion dollar each in recent years, although the actual sums are thought to be much closer to the cost of Beckham's cover.
Beckham's insurance policy - unprecedented in Britain -is so large that the costs have been spread over several companies, although one main insurer is understood to have borne the brunt.
The cost of the total premium is a closely guarded secret, but even Beckham's extra payments just to increase his cover are believed to run into many hundreds of thousands.
Beckham's gross income last year declined by 10 per cent from 17.3 million pounds the year before to 15.5 million pounds, although he remains the world's best-paid footballer by a wide margin.
The latest estimates value him and his wife, Victoria, at 87 million pounds.
Beckham's boot deal with Adidas is worth about 3 million pounds a year, but it is dwarfed by the royalties he receives from the sports manufacturer.
In addition, there is the three-year, 7.5 million pounds deal he signed with Motorola in June this year, a long-standing contract with Pepsi worth about 2 million pounds a year and an equally lucrative three-year deal with Gillette that was signed in 2004.
Brand Beckham Ltd, a joint venture with Victoria, accounts for his Coty fragrance, which has proved popular since its launch near the end of last year.
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}