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Why Did Nick Cannon Insure His Private Part For $10 Million?

Home / News / Why Did Nick Cannon Insure His Private Part For $10 Million?

By Afouda Bamidele on July 2, 2024 at 11:15 AM EDT

Nick Cannon is revealing the intriguing reason behind insuring his privates for $10 million. The entertainer is already known for breaking the mold regarding family — with 12 kids and maybe counting! 

Last month, Nick Cannon secured his breeding future by financially safeguarding his baby-making machine with a hefty $10 Million. 

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Nick Cannon's $10 Million Manhood Insurance Explained 

While celebrating his son Legendary's 2nd birthday — which he shares with Bre Tiesi — the 43-year-old opened up about his decision to insure his private parts for a whopping $10 million.

Cannon revealed that the insurance policy was established in collaboration with an organic soap and men's grooming company. Despite the policy's eyebrow-raising nature, he clarified that it was not a sign of imminent plans to expand his family.

"[I'm] just making sure nothing goes wrong. I had to insure my most valuable assets," the father-of-twelve admitted to ET.  Continuing with a laugh, Cannon emphasized that the decision was a practical one. In his words:

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"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.'"

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The Proud Father-Of-12 Made The Move In Pride Month

ICYMI, Cannon made a headline-grabbing move after insuring his gonads in June and earning a quirky new title in the process. 

The Blast reported that the TV personality had his testicles evaluated using Dr. Squatch's Ball Valuation Tool based on his favorite features, size, and bedroom performance. 

The result? Cannon's assets were valued at $10 million, which earned him the "Most Valuable Balls" title.

The significance and value of these assets were so notable that Dr. Squatch collaborated with MMA/Momentous to secure an official policy. This guarantees proper protection for Cannon's bloodline.

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Nick Cannon Urges Men To Protect Their Assets

Nick Cannon at the Premiere 'Sextuplets' In Los Angeles

The "Wild 'n Out" host stuck to his decision despite critics suggesting it was time for him to retire his sperm. Choosing not to back down, Cannon declared:

"Haters say it's time for me to stop having kids and put this super sperm to rest, but I'm doubling down on these valuable balls and my future kids." 

He expressed his gratitude to Dr. Squatch for recognizing the worth of his assets and providing the necessary protection to continue expanding his family tree. 

Cannon also advised men to insure their family jewels with Dr. Squatch's new Ball Care products, stating, "Don't go another day without protecting and caring for your most valuable assets with Ball-to-Ball Coverage through Dr. Squatch's new Ball Care products."

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Men interested in following Cannon's lead can use the Ball Valuation Tool to discover the unique value of their testicles before enrolling in Dr. Squatch's Ball-to-Ball coverage. This innovative design is dedicated to protecting family jewels.

Nick Cannon Opens Up About Mariah Carey's Support After Lupus Diagnosis 

Monroe Cannon, Mariah Carey, Nick Cannon, Moroccan Cannon at the Nickelodeon's 2018 Kids' Choice Awards - Arrivals

Last September, The Blast reported on Cannon's diagnosis of Lupus, a chronic autoimmune disease, which brought not only physical challenges but also significant mental health hurdles.

In a candid appearance on "The Diary Of A CEO" podcast, the star reflected on his struggles with his mental health and the pivotal role Carey, played in his journey towards recovery.

Cannon expressed deep gratitude for her unwavering support during his health struggles. Speaking with podcast host Steven Bartlett, Cannon emphasized:

"She was my rock. She went hard. To be honest, I probably wouldn't be alive if it wasn't for how hard she went with the doctors, with me, my stubbornness."

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Despite their separation after nearly a decade together, the rapper commended Carey for her grace and dedication as a partner and co-parent.

Reflecting on their relationship, he described her as "the perfect helpmate, the perfect matriarch, the perfect mom, the perfect wife in those scenarios."

Cannon Reflected On Legacy Left Behind For His Children 

Nick Cannon On Why He Prefers Not Having All 11 Kids Spending Time Together
Instagram | Nick Cannon

On the episode, Cannon shared introspective moments where he pondered the future, asking himself, "If I get another shot, what am I gonna do?" 

He admitted that his battle with Lupus heightened his awareness of mortality and instilled a deep appreciation for the time spent with his children.

The entrepreneur mentioned the mental breakdown he experienced while thinking of the legacy he would leave behind for his children. Recalling a poignant moment from his hospital bed, Cannon shared that the time alone left him:

"face to face with your higher power, asking all those tough questions. Am I done? A lot of people don't do that because we get caught up in the constant race of just living day to day, but it slowed down for me on many occasions." 

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The "Drumline" actor further emphasized that facing mortality became a recurring theme in his life.

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