What kind of insurance does the endowment insurance paid by free people belong to?

Social security paid by ordinary individuals includes basic old-age insurance, basic medical insurance, unemployment insurance, industrial injury insurance and maternity insurance, which are collectively referred to as five insurances and are national statutory insurance. If you apply for social security payment as a freelancer, you can choose two or three items, such as endowment insurance and medical care. If a woman suggests, you should choose maternity insurance. If the company pays collectively, then all five risks must be paid.

Old-age insurance, the full name of social basic old-age insurance, is a social insurance system established by the state and society in accordance with certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age.

Why not advise individuals to buy employee health insurance?

If individuals buy employee medical insurance, the expenses will be fully borne, and the economic pressure will be greater. Moreover, employees' medical insurance is paid monthly, while residents' medical insurance is paid annually, and the payment of employees' medical insurance and residents' medical insurance is very different. Individuals need to bear too much pressure and pay too much money to buy employee medical insurance.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: Article 4 of the Social Insurance Law of People's Republic of China (PRC) * * * Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.