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From the P&C Files: Easy Peasy, Yeezy

Wednesday, November 23, 2016 9:42
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(Before It's News)

We’ve blogged before about Special Event policies for things like hole-in-one contests, special product promotions based on sports scores or political conventions. Here’s another example:

Rap star Kanye West has been on tour recently, and was just hospitalized; he’s since cancelled the balance of his tour, at a cost of at least $30 million. That’s a lot of scratch even for a successful musician, which is why he (reportedly) has an insurance policy that likely covers this kind of situation.

Assuming that it ends up paying out (there may be specific exclusions, for example), his wallet will be grateful.

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