Meaning Of The Word Social insurance

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Social insurance Meaning

Social insurance Definition
Social insurance Definition

What's The Definition Of Social insurance?

social insurance in American English
any insurance program undertaken by a government to provide income or payments to persons who are unemployed, disabled, elderly, etc.
noun: any of various forms of insurance in which a government is an insurer, esp. such insurance that provides assistance to disabled or unemployed workers and to aged persons

social insurance in British English
noun: government insurance providing coverage for unemployed, injured, and old people: usually financed by contributions from employers and employees, as well as general government revenue

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