Kanye may be crazy, but he’s smart. Before pulling out of his Saint Pablo tour where he was said to have lost out on all the millions of dollars he’d make, he bought an insurance policy that would cover everything.
Kanye cancelled his tour just 6 hours before he was handcuffed to a stretcher and taken to UCLA Medical Center for psychiatric evaluation. Ye not only was rumored to lose around $30 million from performances, but he also had contracts with venues and others that he breached contracts with.
The silver lining to all of this is that Ye purchased an insurance policy that would cover him in the event an illness would prevent him from performing. The policy provides the insurance carrier will pay Kanye for not only all the money he would gross, but 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).”
BUT, the insurance company can deny the coverage if Ye had a pre-existing illness he failed to disclose at the time the policy was issue.
Looks like it’s up to the doc to see if Ye’s condition was there before he came in for a check-up.
