When dealing with asymptotics of probabilities, the expression $(1-p)^n$ comes up all the time. The most convenient way to handle it is with the inequalities $$1 - pn \le (1-p)^n \le e^{-pn}$$ where the lower bound is Bernoulli's inequality. (I'm assuming here that $p \in [0,1]$ and $n$ is a natural number.) Actually, as mentioned in p4sch's answer, the upper bound is also a consequence of Bernoulli's inequality, via the inequality $1 + x \le e^{x}$.
For example, the result that monotone properties of the Erdős–Rényi model of random graphs have thresholds relies on the fact that if you take the union of $k$ copies of $\mathcal G_{n,p}$, the graph you get (which has the distribution $\mathcal G_{n,1-(1-p)^k}$) can be thought of as a subgraph of $\mathcal G_{n,kp}$. This implies that as the edge probability $p$ scales linearly, the probability that your graph lacks a monotone property decays exponentially: $$\Pr[\mathcal G_{n,kp} \text{ lacks property $M$}] \le \Pr[\mathcal G_{n,p} \text{ lacks property $M$}]^k.$$ For more details, see Theorem 1.7 in this textbook.
Many inequalities can prove each other and it's hard to say you ever "need" a particular result. This, however, is an example where Bernoulli's inequality is the most convenient tool to use.