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'What's New Pussycat' singer Tom Jones is laughing off rumors he has insured his famed chest hair for millions of dollars by putting the stories down to journalists having "a bit of fun".The legend had been rumored to have taken out a massive $7 million insurance policy with British firm Lloyds of London in a bid to protect his prized chest hair. But the star has dismissed the reports by accusing the media of making up the story for amusement.He writes on his Internet website, "No such policy exists or has ever been considered. We assume this is just a bit of fun."
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