My wife and I are:
We have the following insurance types:
I feel that we are well enough covered, but what about accident insurance? Is this something that every young adult should have? I'm thinking that if I or my wife had an accident tomorrow that permanently disabled one of us to the point where she or I could no longer work, this would incur a huge cost over the course of our lives seen as how we're only in our early thirties. Should we think about taking out accident insurance?
Many Thanks,
- 31
- Childless (for now)
- Renting
- Have minimal debts
- No assets
- Savings ca. 40k
- Both working
We have the following insurance types:
- Life Insurance (provided by employer a 4x annual salary; plus we want to take out an independent joint policy @ 300k each)
- Health Insurance (provided by employer)
- Critical Illness Insurance (@ 100k each)
- Travel Insurance
- Car Insurance (comprehensive)
- Home Insurance (contents and personal possessions)
I feel that we are well enough covered, but what about accident insurance? Is this something that every young adult should have? I'm thinking that if I or my wife had an accident tomorrow that permanently disabled one of us to the point where she or I could no longer work, this would incur a huge cost over the course of our lives seen as how we're only in our early thirties. Should we think about taking out accident insurance?
Many Thanks,