Tom Jones insures hair for £3.5 million?

Sipa Press/Rex Features

Pop veteran Sir Tom Jones has insured his chest hair for £3.5 million.

The singer believes his curly black hair is so vital to his success that he approached London insurance house Lloyd's, according to The Mirror.

A source said: "Like a vintage wine, Tom just gets better with age.

"Even at the grand old age of 67, the ladies love his hip-thrusting moves and catching a sneaky peek of his famously rugged chest hair."

Jones' management have denied the reports, claiming that he is "working far too hard in the recording studio" to bother insuring himself.