Belts and Suspenders

Belts and Suspenders

A slang term for an extremely cautious plan or behavior. It is an informal way to describe risk adversity.
References in periodicals archive ?
.We are a very cautious organization--we wear both belts and suspenders here.
'As the bank put it, "we'd like to have belts and suspenders."'" (30)
An insurance executive might view an adverse-development cover as a "belts and suspenders" approach to an acquisition.