The difference between buying insurance from an insurance company and buying social security.

The difference between buying insurance from an insurance company and buying social security;

First, the nature is different:

Social insurance: the most urgent insurance project to solve the common needs of most members of society;

Commercial insurance: based on commercial principles, it is the embodiment of the individual will of the insured.

Second, the level of protection is different:

Social insurance: only guarantee their basic living standards;

Commercial insurance: there are many protection items and high compensation standards.

Third, the cost burden is different:

Social insurance: most individuals, enterprises and the government share the burden or be borne by the government;

Commercial insurance: entirely borne by individuals.

Fourth, the insurance base is different:

Social insurance: unified provisions of the state and relevant departments;

The needs of the insured.

Verbs (short for verb) have different coverage:

Social insurance: the most urgent insurance item for social members;

Commercial insurance: There are many insurance items, and the size of coverage and compensation standard are all in direct proportion to the premium paid.

Six, the insurance object is different:

Social insurance: for legal members of society;

Commercial insurance: All citizens are free to choose and participate voluntarily.

Basic medical insurance is incorporated into social insurance.

If you are a flexible employee and the social security is entirely borne by the individual, then you only need to pay pension insurance and medical insurance.

Social security is paid in the social security bureau, which has nothing to do with the local taxation bureau.

References:

? Baidu encyclopedia-social security