Glastonbury Festival 2015 - Day 4 - Performances - Kanye West

Featuring: Kanye West
Where: Somerset, United Kingdom
When: 27 Jun 2015
Credit: David Sims/WENN.com

Kanye West’s Medical Incident Could Earn Him Insurance Payout

(AllHipHop News) All the troubling news about Kanye West over the last week may not hurt his pockets in the short term.

At least that’s what TMZ is reporting.

Kanye lost about $30 million when he canceled the rest of his Saint Pablo tour.

Then he was supposedly taken to a hospital for a “psychiatric evaluation” from “exhaustion.”

But Kanye is said to have an insurance policy that covers “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).”

That would mean Yeezy not only would get his $30 million, but he would also be off the hook for any other contract obligations connected to the shows.

That’s unless Kanye had a preexisting condition he didn’t tell the insurance company about.

Related Stories