What is more important life insurance or car insurance?

Most of us, owning a car are our big dream that we have nurtured since our youthful. And once we own one, protecting it by means of insuring it becomes a priority. It is our tactic to shield ourselves monetarily in case of damages produced by accidents. But when it comes to life, many drivers are still doesn’t have a life insurance. What do you think is more important to get a life insurance or car insurance?

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For me life insurance is more important. The main reason why people avoid getting it is the lack of money. 

Car insurance is mandatory necessity as per Motor Vehicles Act, 1988. So for sure if the government of each country will make it mandatory once a person is already working like car insurance they will get.

I hope people understand the benefits of having a life insurance.

Written Jun 07, 2019