Why Life insurance (LIC) is Important | Jeevan Beema kyu Jaruri hai<br /><br />• It is contract between an individual and insurance company. <br />• Life insurance is very important investment decision and risk management. <br />• For individual insurance should be the first and important step. <br />• Insurance is the only and important step to keep your family safe in financial condition. <br />• Individual should invest in share market and fixed deposit but at time of financial planning insurance should be considered first.