Do you still need social security if you buy commercial insurance?

Social security is our important guarantee and the welfare stipulated by the state. I believe many people don't know what social security can do. You might as well read this article more, which should help you: how to use social security and medical insurance? 1. Teach you how to apply for reimbursement!

Of course, commercial insurance cannot catch up with these points of social security. Take medical insurance in social security as an example. Even if you are sick now, you can continue to apply for insurance in the second year, you can reimburse related medical expenses, and you can enjoy lifelong medical insurance after paying 15 years. There is more to read.

Social security includes five kinds of insurance, namely, endowment insurance, medical insurance, maternity insurance, industrial injury insurance and unemployment insurance.

What's the use of different types of insurance? Here's a brief explanation:

(1) Old-age insurance: After we retire, the state can give us a monthly pension. Even if we are too old to work, we can maintain a normal life without relying on our children.

Want to know more details of endowment insurance, click on the blue word for reference:

(2) Medical insurance: Medical insurance can reimburse us some expenses, whether it is outpatient service or hospitalization, and reduce the economic pressure brought by disease treatment.

(3) Maternity insurance: Maternity insurance is used to reimburse medical expenses from the beginning of pregnancy to the end of delivery, including birth check-up fees and delivery fees. Due to the inability to work during childbirth, in order to make up for the loss of income during childbirth, the state will also give a certain maternity allowance.

(4) Unemployment insurance: No matter whether the company goes bankrupt or is laid off by the company, we can apply for unemployment benefits to meet our basic life without financial resources for the time being.

If you want to know more about unemployment insurance, you can browse this information:

(5) Work-related injury insurance: In case of unfortunate accidents during work, or occupational diseases, temporary or permanent incapacity or even death, work-related injury insurance can provide us or our families with certain compensation.

For everyone, social security is our most important guarantee. To buy insurance, we should consider social security first, and then commercial insurance.