In my humble opinion17 Mar 2020 02:16
Stocks falling the fastest,will also be the ones that recover the quickest when everything goes back to normal.
Switching from a stock thats down 50% to one down 20% ,ok lets do the maths eg original sp 1.00 down to 50p switch to one down 20% it then recovers in say six months so your then left with 50p+20% =60p instead of a pound by holding onto original stock.
Insurance companies are run by astute actuaries that factor in all eventualities,the last crash was a bigger threat because of the damage to bonds.
Financial companies were forced to increase their safety buffers to prevent it turning into a crisis again.
Maybe people will become more aware/concerned about their own mortality after this situation in which case a trip to the insurers might well be the case be it for life cover or sickness cover.
No surrender for me,the mayhs above explains why and I wont be swayed into switching into covid related products although new money into these products might not do any harm or others such as cussons,tesco,unilever or even wincanton with the lower fuel costs.