Yeezy could reportedly earn millions of dollars thanks to his insurance policy which covers him if an illness stopped him from performing.
- Nov 24, 2016
AceShowbiz - After canceling the last leg of his tour and being admitted to UCLA Medical Center, Kanye West not only reportedly lost around $30 million, but he's also on the hook for the third parties with whom he made contracts. Fortunately, according to TMZ, Yeezy has an insurance policy which covers him if an illness prevents him from performing.
The insurance carrier will pay Kanye for not only the money he'd make, but also the money he was obligated to pay others if "accident or illness ... prevents any Insured Person from appearing or continuing to appear in any or all of the Insured Performance(s) or Event(s)."
Still, the father of two isn't guaranteed the money as the insurance company can deny a payout if Kanye has any medical problems he failed to disclose at the time the policy was given, or if his illness was caused by his "unreasonable or capricious behavior."
The "Famous" hitmaker attempted to attack a gym staff prior to his hospitalization. His personal doctor called 911 around 1:20 P.M. on Monday, November 21, when the rapper started "acting erratically" after canceling the remaining dates on his "Saint Pablo" tour. Kanye was reported having nervous breakdown and is currently dealing with sleep deprivation.
