Nick Cannon expressed some regret about underinsuring his $10 million genital insurance policy. The father of 12 mentioned that he should have aimed for a higher payout, possibly securing $1 million for each of his kids. In a recent interview with E! News, Cannon acknowledged that the $10 million policy might not have been enough, suggesting it should have been $12 million to provide for each of his children adequately.
The 43-year-old host of The Masked Singer defended his decision to insure his private parts, comparing it to supermodels insuring their legs for millions of dollars. Cannon emphasized the importance of ensuring that his children are taken care of in the future, even when his manhood may no longer be operational.
Despite the insurance policy on his genitals, Cannon has no plans to retire from fatherhood anytime soon, stating that he still has a long way to go. He previously announced the insurance policy with Dr. Squatch, highlighting the value of his assets and his commitment to future children.
Celebrities insuring prized physical features is not uncommon. Mariah Carey, Cannon’s ex-wife, insured her legs and vocal cords for $35 million. Rihanna had her legs insured for $1 million by Gillette, while America Ferrera insured her smile for $10 million with Aquafresh. Even the late Tina Turner took precautions by insuring her legs for $3.2 million.
Nick Cannon’s most prized body part has famously led to him becoming a father of 12 children with multiple partners. His children include twins with Mariah Carey, kids with Brittany Bell, Abby De La Rosa, Bre Tiesi, LaNisha Cole, and Alyssa Scott. Tragically, Cannon and Scott lost a 5-month-old baby boy, Zen, to brain cancer in 2021.
Overall, Nick Cannon’s decision to insure his private parts for $10 million has sparked discussions about unconventional insurance policies and the importance of planning for the future, especially when it comes to providing for one’s children. Despite some regret about the coverage amount, Cannon remains committed to his role as a father and his unique approach to safeguarding his assets.