Tom Jones has insured his chest hair for around $7,000,000.

From The National Ledger

Tom Jones may have himself in quite the hairy situation. The still hunky 67-year-old singer has reportedly insured his chest hair for around $7 million. Tom approached Lloyd’s of London and asked them if they would insure his chest hair and they agreed, reports the New York Daily News.

According to the report Tom’s spokesperson would not confirm. But, on its Web site, Lloyd’s of London boasted that the storied firm issued coverage of a celebrity’s chest hair in 2006. “Admittedly, this is one of the most obscure requests I’ve had – but I still came up with a wording that addressed the need,” underwriter John Thomas said at the time.

I really don’t think you need me to tell you why this is posted on ShootTheStupid.com.