In Canada many have a government insurance called Employment Insurance which covers a portion of ones income in the event an employee is laid off or unable to work for a few other reasons (This doesn't cover quitting or being fired). If you are not eligible, one can buy private income insurance that will offer coverage in a similar manner. This will sometimes cover income if you are sick and unable to work and a whole variety of other situations. This is something to consider if you need your regular income to pay a mortgage or other loans. Do you carry this type of insurance? How do you plan for the unexpected situation where you are unable to generate an income?