AceShowbiz - Nick Cannon, known for his huge number of children, has a single regret about insuring his "family jewels": he should have opted for a higher payout.

Earlier this year, Cannon announced that organic soap and men's grooming company Dr. Squatch had insured his manhood for $10 million, making them "the most valuable balls in the world." However, after some reflection, Cannon believes he undervalues his assets.

Speaking to E! News, Cannon said, "It wasn't enough. Should've been $12 million, one for each kid."

Defending his unusual insurance policy, Cannon argued that celebrities often insure their valuable assets, such as supermodels insuring their legs. He emphasized his desire to provide for his children's future, saying, "I gotta make sure my kids are taken care of when my manhood no longer works."

Despite the insurance, Cannon has no plans to retire his "little Cannons" anytime soon. "I still got a long way to go," he joked.

Cannon is not the first celebrity to protect a prized physical feature. His ex-wife, Mariah Carey, has insured her legs and vocal cords for $35 million. Rihanna's legs are insured for $1 million while America Ferrera's smile is insured for $10 million.

Cannon's manhood has famously made him a father of 12. He shares twins Monroe and Moroccan with Carey; Golden, Powerful Queen, and Rise Messiah with Brittany Bell; twins Zion and Zillion and Beautiful Zeppelin with Abby De La Rosa; Legendary with Bre Tiesi; Onyx Ice with LaNisha Cole; and Halo Marie with Alyssa Scott. He and Scott also lost a 5-month-old baby boy, Zen, to brain cancer in 2021.