What types of insurance does social security for residents include?

Social security generally includes five insurances: endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

First of all, social security includes five kinds of insurance, namely, employee pension insurance, employee medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. These five types of insurance, but maternity insurance will be merged into employee medical insurance on 20 19, so it will become four types of insurance in the future, but the treatment of maternity insurance still exists, and it is only paid synchronously with medical insurance.

1. Usually we refer to five insurances and one gold, of which five insurances refer to social security, but social security usually includes these five insurances, not a single employee pension insurance.

2. It is mainly because the employee pension insurance accounts for the highest proportion and the highest payment among the five types of insurance, so for individuals, there are five insurances and one gold, and the most important payment is employee pension insurance. So when it comes to social security, many people think it is employee pension insurance, but in fact, social security includes five types of insurance.

3. As an individual with flexible employment, he can also apply for social security by himself, but an individual with flexible employment can only choose employee pension insurance and employee medical insurance, so unemployment insurance, work injury insurance and maternity insurance cannot be insured, so it is different from employees in enterprises.

Social insurance can play the role of social stabilizer. The old, weak, sick, disabled, pregnant and disabled members of society are inevitable objective phenomena in any era and under any social system. Social insurance is to give appropriate compensation to members of society when they encounter this situation, to ensure their basic living standards and to prevent the emergence of unstable factors.

5. Social insurance is conducive to ensuring the smooth reproduction of social labor. Laborers will inevitably encounter all kinds of accidents in the process of labor, resulting in the pause of labor reproduction. Social insurance is to give necessary economic compensation and living security to workers when they encounter the above-mentioned risk accidents, so that the labor force can be restored.

6. Social insurance is beneficial to social equity. Due to the difference of people's education level and labor ability, the income gap will be caused. Social insurance can collect insurance funds through compulsory collection of insurance premiums, subsidize low-income workers or those who have lost their sources of income, improve their living standards, and achieve fair distribution of society to a certain extent.

7. Social insurance is conducive to promoting social progress. Insurance has the characteristics of mutual assistance, and social insurance can better reflect the spirit of mutual assistance and cooperation.

8. Because the income gap between individual workers is quite large, and social security needs to take into account the actual affordability of many groups, it is impossible to widen the gap between them. On the premise of social security, some people with relatively high income levels can choose appropriate commercial insurance to supplement their own protection according to their own economic ability, so as to make their health, pension and accident protection more adequate.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 1 This Law is formulated in accordance with the Constitution for the purpose of regulating social insurance relations, safeguarding citizens' legitimate rights and interests in participating in social insurance and enjoying social insurance benefits, enabling citizens to share the fruits of development and promoting social harmony and stability.

Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.

Article 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.