What are the five types of social insurance?

Legal analysis: 1. Old-age insurance: it is insurance that ensures that we still have money to use after retirement. It only requires us to pay 15 years before retirement, and then we can receive a considerable pension every month after retirement.

2. Medical insurance: it is a kind of social welfare that the society compensates the economic losses caused by the disease risk of the insured citizens.

3. Maternity insurance: It is an insurance that can reimburse maternity medical expenses, prenatal and postnatal examination fees, birth control surgery fees and other expenses arising from childbirth, and can subsidize some economic losses caused by childbirth.

4. Work-related injury insurance: As the name implies, it is the insurance that the state gives us or our families economic compensation when we are injured at work or suffer from occupational diseases or even death.

5. Unemployment insurance: It is a social welfare system that we can get unemployment relief, vocational training and employment introduction from the society after we lose our jobs due to the bankruptcy or dissolution of the company, so as to ensure that we can still have money to live and get re-employment.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

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.

Tenth employees should participate in the basic old-age insurance, and employers and employees should pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

Twenty-third employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.

Article 33 Employees shall participate in work-related injury insurance, and the employer shall pay the work-related injury insurance premium, while employees shall not pay the work-related injury insurance premium.

Forty-fourth employees should participate in unemployment insurance, and employers and employees should pay unemployment insurance premiums in accordance with state regulations.

Fifty-third employees should participate in maternity insurance, the employer should pay maternity insurance premiums in accordance with state regulations, and employees do not pay maternity insurance premiums.