There very likely will be "No Nudity" option, as there is a leaf model too that covers the bulge area of bodies. Plus games almost always have such an option available.
In the Witcher 3 for example, Yennefer will be fully in a towel in the opening scene of the game rather than fully nude if the player chooses No Nudity option.
And Cyberpunk for example has genital customization, but you practically never get to see it other than in the inventory menu and very rarely during sex scenes. It's a "don't blink or you'll miss it" type of thing. But it adds more realism to be able to see it, even if it's for a split second, which I'm totally alright with. And naturally there's an option to just have underwear instead of genitalia.
So I have no doubt they'll have rich options to choose from for everyone. With genitalia, with underwear, no nudity and so on.
