What are the characteristics of social insurance

Legal analysis: the characteristics of social insurance: broad coverage, basic protection, multi-level, sustainable, as well as with the level of economic and social development. The specific types of social security, on the other hand, include basic pension insurance, basic medical insurance, industrial injury insurance, unemployment insurance and so on. Citizens are guaranteed the right to receive material assistance from the state and society in accordance with the law in the event of old age, illness, industrial injury, unemployment, childbirth, and so on.

Legal basis: The Social Insurance Law of the People's Republic of China

Article 2 The State establishes a social insurance system for basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance and other social insurance, and guarantees the right of citizens to receive material assistance from the State and society in accordance with the law in the event of old age, sickness, industrial injury, unemployment or maternity.

Article 3 The social insurance system adheres to the policy of broad coverage, basic protection, multi-level and sustainability, and the level of social insurance shall be commensurate with the level of economic and social development.

Article 4 Employers and individuals within the territory of the People's Republic of China*** and the State pay social insurance premiums in accordance with the law, and have the right to inquire about the records of payment of premiums and the records of individual rights and interests, and to demand that the social insurance administration agencies provide social insurance counseling and other related services. Individuals enjoy social insurance benefits in accordance with the law, and have the right to supervise the payment of contributions for them by their own units.