Penis insurance is insurance against the risk of incurring losses (such as career impact) as a result of loss or damage of the male reproductive organ.
Instances of penis insurance
Several celebrities and porn stars have had their penises underwritten in amounts exceeding $1,000,000. These celebrities include Van Halen frontman David Lee Roth, and pornographic actor Keiran Lee – both of whom had their penises underwritten by Lloyd's of London, also known for insuring other body parts including the vocal cords of Bruce Springsteen.
References
Penis insurance Wikipedia(Text) CC BY-SA