Is endowment insurance social security?

Legal analysis: Social security is not endowment insurance, but includes endowment insurance. The full name of endowment insurance is social basic endowment insurance, which is an important part of social security system and one of the five most important types of social insurance. When the insured reaches the legal retirement age, he can receive the old-age insurance money, thus having a stable source of income to maintain his basic life.

Legal basis: Article 2 of the Social Insurance Law The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance; Disabled citizens have the right to receive material assistance from the state and society in accordance with the law in cases of old age, illness, work injury, unemployment and childbirth.