Nick Cannon explains why he’s insured his testicles for $10 million

Nick Cannon has offered an explanation as to why he's insured his testicles for $10 million.

While the 43-year-old has made a name for himself over the years for his work on TV and even some music, there is one other thing that Cannon has become well known for over the years.

The former America's Got Talent host is also known for having 12 children with six different women.

Well, last month Cannon decided to insure a part of his body that was very much needed for him to have such a large offspring.

Yep, you can guess what it is.

Nick Cannon recently insured his balls for obvious reasons. (Leon Bennett/Getty Images for Amazon)

It was announced in June that the comedian had partnered with Dr. Squatch, a men's healthcare brand, and taken out an 'insurance policy'.

In a post to Instagram, Cannon said that Dr. Squatch had 'assessed his balls on factors including size, favorite features, and bedroom maneuvers' via their Ball Valuation Tool'.

It was initially thought the agreement was a marketing gimmick, but that's seemingly not the case.

Speaking in a recent interview with Entertainment Weekly, Cannon confirmed that the policy is 100 percent real.

The caption to the announcement read: "Shoutout to Dr. Squatch for giving my balls the credit they deserve and hooking me up with the protection I need to keep this family tree rolling!

"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."

Now that Cannon has the most valuable balls on the planet, he has explained why he decided to take the insurance policy out in the first place.

The Masked Singer host has explained his reasoning. (Gregg DeGuire/Variety via Getty Images)

"I had to insure my most valuable assets," Cannon revealed with a laugh to Entertainment Tonight.

"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."

Many assume the real Cannon has decided to take insurance out on his testicles is because he's planning to extend his family.

However, the Masked Singer host has clarified the safety net does not signify plans he is going to extend his family.

[I’m] just making sure nothing goes wrong,” Cannon added while speaking to Entertainment Tonight.

Clarifying it further in another statement, Cannon added: "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."