Company buys three types of social security for employees ~ what is the difference between one type of social security

One type of social security should refer to workers' compensation insurance.

Three types of social security refers to: pension insurance, medical insurance, workers' compensation insurance.

How do you elaborate on one insurance, do you elaborate?

Extended Information

Property Insurance Compensation: Insurance is the occurrence of a specific catastrophic accident, in the validity period of the insurance and the insurance contract agreed upon the scope of the responsibility as well as the amount of insurance, according to the amount of its actual loss to compensate. Through the compensation makes the already existing social wealth due to the actual loss of disaster accident in the value of compensation, in the use of the value can be restored, so that the social reproduction process can be carried out continuously.

This compensation includes the insured due to natural disasters or accidents caused by the economic loss of compensation, including the insured should be the third party to bear the economic liability of economic compensation, but also to the commercial credit default caused by the economic loss of compensation.

Payment of life insurance: The amount of life insurance is determined by the policyholder in accordance with the degree of the insured's need for life insurance and the policyholder's ability to pay the premiums, as permitted by law, and the insured after mutual agreement.

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