Kanye West may be due a multi-million dollar pay out after cancelling tour
Well-known name looking at a huge claim after being hospitalized for ‘psychiatric evaluation’ on Monday
INSURANCE NEWS
By Lucy Hook
24 Nov 2016
Rapper Kanye West may be set for a multi-million dollar pay out from his insurer after he was forced to cancel his tour due to illness.

West, 39, announced that he was cancelling the remaining dates of his Saint Pablo tour just hours before he was admitted to UCLA Medical Center on Monday.

Officials confirmed that West was admitted to hospital following an “unspecified medical aid request”, which was said to be for psychiatric evaluation due to severe sleep deprivation.

Initial reports said that Kanye was set to lose around US$30 million from cancelling the tour, but it has emerged that the rapper may in fact be due an insurance pay out.

West’s insurance policy states that it will provide cover in the event that illness prevents him from performing, TMZ reports.

The policy is said to state that the insurer will pay West for both the money he would have made and any money he is obliged to pay to others in the wake of axing the tour.

However, the insurance company could deny coverage if the rapper didn’t disclose a pre-existing condition at the time the policy was issued, or if his illness was caused by his “unreasonable or capricious behaviour”, the report says.


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