What are the five social insurance?

Endowment insurance, that is, basic pension and personal account pension paid by social pooling fund, is an important part of social security system and one of the five most important social insurances, based on certain laws and regulations of the state and society.

Establish a social insurance system to solve the basic life of workers after they reach the working age limit stipulated by the state, terminate their labor obligations or quit their jobs because of old age.

2. Medical insurance:

Medical insurance is insurance to compensate medical expenses caused by diseases. Social insurance in which employees are provided with necessary medical services or material assistance by society or enterprises due to illness, injury or childbirth.

3. Unemployment insurance:

Unemployment insurance refers to the system that the state enforces it through legislation and the society sets up a fund to provide material assistance to workers who have temporarily stopped their livelihood because of unemployment. It is an important part of the social security system and one of the main items of social insurance.

4. Work injury insurance:

Industrial injury insurance refers to a social security system that the state or society provides medical treatment, living security, economic compensation, medical treatment and vocational rehabilitation for workers and their families who suffer from accidents and occupational diseases in production and work.

5. Maternity insurance:

Maternity insurance is a social insurance system in which the state and society provide medical services, maternity allowance and maternity leave when pregnant and pregnant female workers temporarily stop working, and the state or society provides necessary economic compensation and medical care for maternity workers.

Extended data:

Social insurance and commercial insurance are two different forms of insurance. We divide insurance into social insurance and commercial insurance on the basis of profit. Whether it is profitable or not is the most important sign to distinguish these two kinds of insurance, but if we make a detailed analysis, there are still many differences between them. The characteristics of social insurance can be seen from the comparison between social insurance and commercial insurance.

1, non-profit.

Social insurance is non-profit insurance, not for profit, but for the implementation of social policies. Although the operation of social insurance also needs the help of accurate measurement means, the selection and guarantee level of social insurance projects cannot be determined by the level of economic benefits. If the financial deficit of social insurance affects its operation.

The state finance bears the ultimate responsibility. Commercial insurance is financially independent and self-financing, and the state finance should not bear its expenses in any form.

2. Mandatory.

Social insurance is compulsory. The so-called coercion means that the state enforces it through legislation, and both individual workers and their units must participate in it in accordance with the provisions of the law. The payment standard, treatment items and payment standard of social insurance shall be uniformly stipulated by the laws and regulations of the state or local government.

As the insured, individual workers have no right to choose and change whether to participate in social insurance, the items they participate in and the standard of treatment. Compulsory is the guarantee of implementing social insurance. Only in this way can we ensure the reliable source of social insurance funds. The insurance of commercial insurance is voluntary, and whoever takes out the insurance shall take out the insurance.

Baidu Encyclopedia-Five Risks