Why does Nick Cannon, the doting dad of 12, have a $10 million insurance policy out on his genitals?
“I had to insure my most valuable assets,” Cannon told Entertainment Tonight at his son’s Legendary’s 2nd birthday party. “Because you hear about, like, all these different celebrities insuring their legs… so I was like, ‘Hey, well, I got to insure my most valuable body part.’”
Cannon, 43, revealed the financial protection of his genitals in June. The move was made in collaboration with Dr. Squatch, a men’s personal care company. In the shared post, its “Ball Valuation” tool calculated Cannon’s testicular in the $10 million range.
View this post on Instagram A post shared by Dr. Squatch (@drsquatch)
“Haters say it’s time for me to stop having kids and put this super sperm to rest,” 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!”
The policy is seemingly real, perhaps making his assertion that he has the “most valuable balls in the world” true. However, he maintains that he solely wants to protect the testicles that helped him create 12 children.
“[I’m] just making sure nothing goes wrong,” the Masked Singer host shared with the news outlet.
With his many children, Cannon already has plenty on his plate. However, Legendary’s mother, Bre Tiesi, reassured naysayers that the BLACK ENTERPRISE Disruptor Summit 2024 Speaker makes time for it all.
“He manages it really well. I feel like that’s why no one ever hears anything because we’re all happy. We all make it work,” Tiesi, who also stars on Netflix’s Selling Sunset, told ET. “He’s such a good person, genuinely, and he really cares, and he does want to be there, and he’s never gonna blow anything off. It makes it easier when you’re doing things because you know he’s gonna make the effort, and he’s gonna show up.”
There is no word on whether Cannon plans to add any more little ones to his legacy. However, he will have the insurance money at the ready if anything thwarts his attempt to procreate.
