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Nick Cannon Discusses $10 Million Testicle Insurance and Family Priorities

The entertainer confirms the legitimacy of the policy, initiated by Dr. Squatch, while addressing its purpose as a financial safety net for his 12 children.

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Overview

  • Nick Cannon revealed that his $10 million testicle insurance policy was initially conceived as a joke but later finalized as a legitimate agreement.
  • The policy, initiated by Dr. Squatch executives, insures each testicle for $5 million, with payouts designated for Cannon’s 12 children in case of loss.
  • Cannon clarified on the Tea Time podcast that the decision was handled by his team and serves as both a precautionary measure and a promotional partnership.
  • The policy has reignited public scrutiny of Cannon’s role as a father, with co-parent Alyssa Scott criticizing him for allegedly not visiting their daughter in over a month.
  • This move ties into a broader trend of celebrities insuring unique body parts, blending personal branding with financial planning.