There has been an abundance of prayers and side-eyes after Kanye West was hospitalized for temporary psychosis triggered by lack of sleep and dehydration.
Yeezy was hospitalized hours after the remaining dates of his Saint Pablo Tour was canceled.
Ironically, his insurance contract will shell out millions to Kanye for the money he lost as well as the money he was obligated to pay others if an “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).”
Kanye announced the cancellation of his tour 6 hours before he was handcuffed to a stretcher and hauled off to UCLA Medical Center for psychiatric evaluation.
The rapper not only reportedly lost around $30 mil for his cut of the remaining concerts, but he’s on the hook for venues and others with whom he made contracts.
TMZ has learned … Kanye had an insurance policy that covered him in the event illness prevented him from performing. The policy provides the insurance carrier will pay Kanye for not only the money he’d make 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).”
Translation … Kanye’s doctor laid the groundwork for filing a claim under the policy.