Hi Erik-I don't know of a product that is specifically for that purpose- but if it did exist I certainly would not use it for protection from shocks. There's just too much opportunity for something to go wrong. I would definitely not trust my life on it.Now- having said that, PlastiDip makes a dip intended for tool handles, and they also make a brush-on electrical tape product, BUT: It is not intended to be used on the skin, it would be expensive, it would be messy, and above all, it would be DANGEROUS (but it comes in pretty colors!).-Rick