Tigers ace Max Scherzer, who rejected a lucrative extension offer prior to this season, told SI.com that he took out an insurance policy that would cover any lost income if he suffers an injury prior to becoming a free agent. 

Scherzer made headlines in March when he turned down the Tigers' offer, which reportedly was worth $144M.

But the reigning AL Cy Young Award winner is confident that the insurance policy will decrease his financial "risk."

"This takes the injury risk out of it," Scherzer told SI.com.