What are the different investment options someone with a high level of risk aversion might choose?

Someone with a high level of risk aversion might choose conservative investment options such as high-quality bonds, treasury securities, and fixed deposits, which offer lower returns but greater security. They may also consider dividend-paying stocks from established companies, as these can provide steady income with relatively less volatility. Additionally, investing in balanced funds or conservative mutual funds can offer a mix of equity and fixed income, catering to their risk-averse nature. Lastly, real estate investment trusts (REITs) could be an option for generating income with lower risk compared to direct property investment.