Put options may help you rest easier. Normally thought of as a tool for speculators, options can also be used to control risk. Then there are call options. People who buy these things are often speculative bulls. But they aren't only for bulls.
Conservative investors sell calls, against stocks that they already own.
By Robert Lenzner and Bernard Condon. But John E. Pallat III, a former risk management instructor at George State, initiated a complex and convoluted insurance scheme two years ago that seems to have done just that. When it works, reinsurance makes it possible for insurers to write a lot more business than they can safely absorb on their own. By James M. Clash. And MainStay's fund isn't the worst.