Nick Cannon Insures His Genitals for $10 Million
Share
Nick Cannon, who is a dad to 12 kids, recently took out a $10 million insurance policy on his genitals. He explained his decision at his son Legendary’s second birthday party, saying, “You hear about celebrities insuring their legs, so I thought I should insure my most valuable body part.”
Cannon, 43, revealed this unusual insurance coverage in June, in partnership with Dr. Squatch, a men’s personal care brand. This brand helped value Cannon’s assets at $10 million using their “Ball Valuation” tool.
Despite criticism from some who think he should stop having more children, Nick Cannon humorously stated, “Haters say it’s time for me to stop having kids and put this super sperm to rest,” Nick Cannon said in a statement.
“But I’m doubling down on these valuable balls and my future kids. Shoutout to Dr. Squatch for giving my balls the credit they deserve and hooking me up with the protection I need to keep this family tree rolling!”
He thanked Dr. Squatch for recognizing the value of his assets and providing the needed protection.
Nick Cannon insists that the main reason for the insurance is simply to protect his ability to have more children. “I’m just making sure nothing goes wrong,” he told the news.
Balancing a large family and a high-profile career can be tough, but Cannon seems to handle it well. Bre Tiesi, Legendary’s mom and a star on Netflix’s “Selling Sunset,” said Cannon does a great job managing his family life. “He’s such a good person, genuinely, and he cares, and he does want to be there, and he’s never gonna blow anything off,” she told Entertainment Tonight.
While it’s unclear if Cannon plans to have more kids, his unique insurance policy means he’s financially ready for anything that might affect his ability to continue growing his family.