Is it important to have insurance for better finance ?

Is taking insurance important to manage finances?

Life insurance are good but why you are asking this question, it would have been better if you had explained with more details and your need. There are many insurance plan but you can't just buy one without proper research and also it depends upon your need.

I suggest that you explain you need with more details and then I think I may be able to help you out.

Yes life insurance coverage give you better benefits in finance so as to save tax and in taking loans also.

Your family should be financially fit while you are not around and that can only happen when you secure your family by getting adequately insured.

So, yes definitely, it's important for you to have a insurance when you plan your future planning. Someone has well said "Your finances are what your credit scores are".