First Quarter 2020 – “The Portfolio Insurance Conundrum”
For a price, you can insure just about anything. It’s a standard part of ownership for items like homes and autos, but even smaller ticket items can be protected against damage or loss. Mobile phones, airline tickets, dining-room tables… almost every transaction for goods and services is now accompanied by a point-of-purchase offer for additional coverage beyond a standard warranty. Things do break, of course, and insurance is there to provide a measure of comfort that reduces the natural sense of worry that can accompany heavy usage.