[AndyH]

I think Pilgrim is talking about insurance of a different kind- ie making contacts, plans etc.
Any financial insurance isn't going to be worth a damn, especially considering that a couple of big insurance companies are already teetering on the brink....

Any financial preparations imho would be best spent on buying gold/silver coins or other objects of "real" value....that said, gold and silver can also become worthless if things got really bad... I suppose it all depends on just how bad you think things might get.