Further, his once flourishing practice was now valueless. You can not afford to risk living without health insurance. One of the most frequent insurance mistakes made is with respect to disability insurance. People frequently overlook this coverage. Disability insurance pays you a percent of your previous salary if you become disabled and can not work.
Many people have adequate life insurance but little or no disability insurance.
However, the risk of becoming disabled is generally greater than the risk of dying. Things like broken legs for bus drivers to strokes for business executives. If it is not work related workers compensation probably does not cover it. And financially it is worse than dying. If you die everyone feels bad but expenses associated with you stop.