What are the five insurances in Shanghai?

Endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance are five kinds of insurance.

Insurance refers to the commercial insurance behavior in which the applicant pays the insurance premium to the insurer according to the contract, and the insurer bears the responsibility of paying the insurance premium for the property losses caused by the possible accidents agreed in the contract, or when the insured dies, suffers from disability, illness or reaches the age and time limit agreed in the contract.

The functions of Shanghai Five Risks are as follows:

1. medical insurance: all the expenses paid by individuals go into personal accounts, that is, the proportion of patients who need to go to hospital for medical insurance reimbursement is basically the proportion of patients who need to go to hospital for medical insurance reimbursement.

2. Old-age insurance: individuals who participate in old-age insurance will pay a cumulative fee of 15 years when they reach the statutory retirement age, and they can receive a monthly pension after retirement. Pension is the security after retirement, and you can get an allowance every month. How much depends on the amount you pay and the proportion of social basic pension at that time.

3. Work-related injury insurance: As the name implies, when you are injured at work or suffer from occupational diseases, resulting in temporary or permanent incapacity and death, you can get material help.

4. Maternity insurance: It has a direct impact on women. Material assistance provided by the state or society for working women who temporarily stop working and lose their normal income due to childbirth. What is the use of maternity insurance for men? Generally speaking, if your wife already has maternity insurance, then your maternity insurance is 15 days of paternity leave allowance, but if your wife does not have maternity insurance, then your maternity insurance can be used to reimburse her medical expenses and allowances.

5. Unemployment insurance: People who can receive unemployment insurance benefits have certain conditions.

(1) has participated in unemployment insurance as required, and the employer and I have fulfilled the payment obligations as required for 1 year.

(2) Unintentional interruption of employment.

(3) Unemployment registration has been handled according to legal procedures.

(4) Persons who have job requirements and are willing to accept vocational training and job introduction.

legal ground

People's Republic of China (PRC) social insurance law

Article 4 Employers and individuals in People's Republic of China (PRC) shall 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.