As Colin said, simply fuse each motor between the motor and the speed control. Even if only one ESC is used to control both motors, there will be a get home motor, unless both props are completely fouled.(stay out of the weeds). This applies if each motor run off it's own battery or if they share a battery.
I have to disagree with the opinion of using two receivers. While, yes, it can be done and in some cases makes a lot of sense, (two water tight cylinders in a sub), in this case it is an extreme violation of the KISS principal.Even if you you chose to use two separate speed controls, the motors should be fused, or even better auto reset fuses or circuit breakers, to protect the motor, wiring and hopefully the ESC for excessive loads in the even of a prop fouling.