I'm especially baffled by the idea of taking insurance against a U. S. default. If America defaults, we're talking about a chaotic world - Mad Max, more or less - in which case, who imagines that insurance claims will be honored?
I think it's not fair to the uniqueness and wonderfulness of the individuals, that we can complement one another greatly, but we are not the source of each other's happiness, especially if you don't know who the hell you're talking to.