What does social security and labor insurance mean?

Social Security Labor Insurance refers to a guarantee mechanism provided by the state to protect the social welfare and basic right to subsistence of workers. Social security includes endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. These safeguards are aimed at improving the social security and quality of life of workers, reducing the economic burden of families and ensuring social stability and economic development.

Labor insurance is the abbreviation of labor security, which mainly refers to the protection provided by some risks that workers may face in their work, such as accidental injury, illness or unemployment. Labor insurance is the safeguard measures for employees by companies or enterprises, including work-related injury insurance, medical insurance and unemployment insurance. Through these measures, workers can get compensation and medical security when they are injured, and they can get a certain living allowance when they are unemployed.

Social Security Labor insurance is not only to protect the rights of workers, but also an important means to ensure the social and economic development of the country. Different social security and labor protection measures protect workers differently. The government should make reasonable plans according to the national conditions and socio-economic conditions to ensure that all citizens can enjoy fair and reasonable social security and labor protection measures. At the same time, the government and companies should strengthen publicity and education, so that the public can have a deeper understanding of the significance and role of social security and labor protection, so as to better safeguard their own rights and interests.