Are you Prepared for an Emergency?

Again at Work we use to have Emergency Procedures. We are having a plan to follow and comply for us to be prepared in facing various emergencies. Fire Drill for fire occurence, Earthquake drill for earth quake and many more drills for various calamities that might occur. But the Question is,
Are you Prepared for your Life's Emergencies?
We are not conducting or planning ahead of possible emergencies that we might encounter since we are not planning to have an accident, have an illness or lost our job.
Accident Insurance shoulders disability and other expenses that would be incurred after an accident.
Healthcare shoulders expenses that are done within the hospital and medication that we consume. Depending on the limitations and coverage.
But is there an Lost of Job Insurance?
Of course none, if there is...then everybody would be willing enough to let go of their job.
Basically it is your personal responsibility to be prepared in cases where in you could be fired from your current job.
So how are we after that?

Walking around looking for another job?

Spending all our so called Savings. Until it is depleted.

Lucky if we are given allowance after being fire. Worst case is you won't be receiving your last pay as a sunction or clearance as well.
It's another issue to be prepared with,we must have an emergency fund.
How much our Emergency Fund should be?
Three times our Monthly Income. why, in loss of job emergency. We are then our self time span of 3 months to look for another job or business if you could.
We are then freeing ourselves from having the dillema of  lossing our income.
We could still supply the family's neccessary needs.