Kindly read: If life is unpredictable, insurance cant be optional Best Term insurance plans Best Personal Accident insurance plan Best Family floater health insurance plans Also, maintain sufficient Emergency fund to meet any unforeseen expenses. (relakhs.com)
They already have sufficient emergency funds in a savings account in their TFSA. (money.stackexchange.com)
2 — If you have goals which are > 5 years away, you may reduce allocation to Liquid funds (as you also have sufficient Emergency fund available with you). (relakhs.com)