Question: Is there any type of insurance that can protect against losses from investments? |
Answer : |
Although it may seem like you can buy insurance for just about anything nowadays, insurance companies do not currently offer protection against financial losses from poor investment choices or market downturns. Perhaps you've heard people talk about portfolio insurance. This really isn't insurance at all. It's actually a complicated investment strategy that involves stock options and various other hedges in an attempt to protect a portfolio of investments against losses. |