Job Recruitment Website - Social security inquiry - Why doesn't the company buy social security and endowment insurance?

Why doesn't the company buy social security and endowment insurance?

Legal analysis: Social security includes endowment insurance, medical insurance, maternity insurance, serious illness insurance and accidental injury insurance. It is the so-called five insurances, which means that if you have social security, you don't need to get old-age insurance alone.

Legal basis: Article 72 of People's Republic of China (PRC) Labor Law stipulates that employers and employees must participate in social insurance and pay social insurance premiums according to law.