"Blank Space" hit maker Taylor Swift has laughed off rumours that she is getting her legs insured for $40 million.

Her pet cat gave her a red scratch on one of her legs and she posted a photograph of it on Instagram, reports aceshowbiz.com.

She captioned the image: "Great work Meredith."

"I was just trying to love you and now you owe me 40 million dollars," she added.

Swift will soon kick off her world tour to promote her latest album "1989".