A newbie to the insurance world...But my parents told me that I should consider buying some.
Currently, I have car insurance, basic home insurance. Both my husband's and my companies provide 3x salary life insurance and health insurance. If I want to retire early, e.g., in 8 years, should I buy additional insurance? What kind of insurance should I consider?
Something in my mind:
1. additional life insurance. Because I am young (27 years old), maybe I can get a good deal on life insurance. If I succeed in retire after 8 years, I no longer have life insurance from my company.
2. Umbrella insurance. I saw a recent thread discussing this. I'm considering in.
Are there other kinds of insurance that I should consider, like disability insurance? Also, if I retire early, what I should do with health insurance?
My family's current stats:
No children but considering to have one.
net worth around 800k including primary residence.