Kanye West will lose roughly $10 million for cancelling the rest of the North American leg of his Saint Pablo tour.

The good news is that his insurance may cover that, plus all the money 'Ye owes to vendors for missing the 21 dates -- a total which could reach $30 million.

According to TMZ, full coverage under 'Ye's policy is activated "in 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)."

In other words, by having Kanye admitted to the hospital for mental exhaustion just hours after he cancelled his tour, West's doctor may have triggered the massive policy.

So maybe 'Ye's crazy like a fox ...