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What are the reasons for need for insurance?

My question is based upon Insurance topic

I had been asked this question in an interview for internship.

Other related questions to my question are:

What are the reasons for need for insurance?

What are three reasons for insurance?

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Correct answer for this question is: - TO PROTECT YOUR FAMILY AND LOVED ONES.   

- TO LEAVE AN INHERITANCE.   

- TO PAY OFF DEBTS AND OTHER EXPENSES.   

- TO ADD MORE FINANCIAL SECURITY.   

- TO BRING PEACE OF MIND.

The title of my answer is 5 Important Reasons Why You Need Life Insurance

The heading of my answer is Insurance can be confusing and it's hard to know what you really need or want. But here are five very good reasons why you need life insurance.

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