Build a buffer that insurance cannot replace.
The rule of thumb
Six months for stable jobs, nine to twelve for variable income.
Include EMIs
Your loan instalments continue even if income stops.
Where to keep it
Liquid, low-risk places such as liquid funds or sweep-in deposits.
Insurance and your fund
Health cover stops a hospital bill from draining the fund.
Key takeaway. Build the fund before taking on risky investments.
General information only; not personal advice. Rules and limits change, so verify current details. Last updated October 2026.