An underwear company out of Montreal is offering men a whole new kind of insurance for their penis.

This stems from stories, mostly in foreign countries, about women getting revenge on their men by cutting their penises off.

So 21 years after the John Wayne Bobbitt incident, the last widely publicized penis-ectomy in America, the underwear company called UNDZ has made a deal with Lloyd's of London insurance to create penis insurance.

The company states anyone who buys three or more pairs of their underwear will get a $50,000 policy to cover you if you ever get your penis cut of by a revengeful mate.

The underwear starts at $10 a pair, so this seems like a pretty solid deal, check out the selection they have by visiting their website UNDZ.org.