New Vol bridges the gap between financial risk and the solution set of building personal resilience, as advocated by Peak Prosperity.  By redefining volatility from a market decline to a systemic shock, New Vol proposes an insurance strategy approach to risk management.  We suggest absorbing the smaller risks of a market correction while insuring against the larger risks through the accumulation of wealth across various buckets of capital (financial, material, social, cultural, time, living, emotional, and knowledge).  This new hedge aims to provide enhanced protection and improved quality of life by recognizing that all buckets are important, not just the financial one.