The mutual life insurance company in New York is a pioneer in popularizing the concept of insurance in the country. Mutual life insurance offers whole life insurances and has been doing so for many years now. In the early 1980s, however, they branched off to different areas and acquired newer companies. Mutual life insurance has merged with many companies in order to satisfy the needs of a large customer base.

Every business has risks in its regular functions and the best way to protect the assets of a business is to ensure that every aspect is appropriately insured. The top five reasons why businesses require insurance are as follows: The law mandates that every business that has employees needs to have specific insurances such as unemployment and disability, worker’s compensations, etc., depending on the place of business and the associated risk profile of the business.

Medicare Advantage plans, also known as “Medicare Part C” or “MA Plans” are a channel for individuals to obtain health insurance benefits provided by private insurance companies and approved by Medicare. These plans also cover everything provided by Medicare Part A and Part B along with other benefits such as coverage for prescription drugs, dental, and vision issues.

California State Disability Insurance (SDI) is a disability program under the Employment Development Department’s wing, where a portion of the employee’s income is routed to a state fund that offers short-term-disability benefits. SDI defines disability as any form of mental illness or physical injury that hinders one from performing regular and customary work.

Every business is exposed to risks in its line of work and having an insurance coverage is the only way businesses can be free of any untoward liability that can arise due to various external factors, both environmental and manmade. Being subject to a legal lawsuit on liability challenges can affect a business’s reputation as well as even cause a complete shutdown in some cases if they do not have the insurance to cover the litigation and other expenses.

Medigap plans are health insurance plans that cover gaps in Medicare plans such as deductibles, co-payments, and health care when you travel abroad. There are 10 Medigap plans that are lettered from A to N, and each covers a different set of gaps. While some Medigap plans charge higher premiums offering more coverage, there are others that offer lower premiums if you agree to pay for some of the gaps out of your pocket.

Obamacare is an informal term given for the Patient Protection and Affordable Care Act of 2010. The act passed by the Obama administration succeeded in providing health insurance to nearly 50 million people in the country who were not covered up until 2010. Obamacare was especially useful to those people whose incomes were not good enough to be able to afford high premiums levied by private and independent insurance companies.

The Department of Veteran Affairs (VA) is a federal agency that provides health care for veterans at medical centers across the country. The agency also provides benefits such as education and training, pension, transition assistance, disability compensation, life insurance, vocational rehabilitation, home loans, and burial benefits. Below is a brief insight into each of these benefits.