I agree with some previous posters. It is expensive, but not that expensive. You can totally handle it, just skip one monthly contribution to your portfolio. Considering that such an emergency will probably happen maximum twice in your life, what you pay is probably cheaper than paying an insurance covering such things for 40 years. It happened all of a sudden, that’s why it is not nice. But it is just volatility of expenses, and if you use insurance to damp it, long-term you are actually losing money. Insurance companies know how to calculate probabilities, and they also want to make money.
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