Social insurance
can be many things to many people in many countries. But a summary of its
essence is that it is a
collection of insurance coverage (including components of life insurance,
disability income insurance, unemployment insurance, health insurance, and
others), plus retirement savings, that mandates participation by all
citizens. By forcing everyone in society to be a policyholder and pay
premiums, it ensures that everyone can become a claimant when or if he/she
needs to. Along the way this inevitably becomes related to other concepts
such as the justice system and the welfare state. This is a large,
complicated topic that engenders tremendous debate, which can be further
studied in the following articles (and others). |
|
|
|
Also See:
Insurance
Index
Petaluma Index
Keyword Category
Index
|
