I don’t think that there is off-the-shelf insurance for “I lose my job (prospects) or otherwise choose to have lower lifetime earnings, in some way I did not foresee.”
It would be confusing to me if most EAs had equity investments they could not afford to bear a crash loss in, especially those involved in an emergency fund scheme. Why add market exposure to the portfolio of donations + scheme membership + liquid cash? (Especially, why as market exposure you expect other scheme participants to share?)
That said, it is possible to buy insurance against a market crash. Probably not as a centralized service.
I don’t think that there is off-the-shelf insurance for “I lose my job (prospects) or otherwise choose to have lower lifetime earnings, in some way I did not foresee.”
It would be confusing to me if most EAs had equity investments they could not afford to bear a crash loss in, especially those involved in an emergency fund scheme. Why add market exposure to the portfolio of donations + scheme membership + liquid cash? (Especially, why as market exposure you expect other scheme participants to share?)
That said, it is possible to buy insurance against a market crash. Probably not as a centralized service.