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    • Join Date: Jul 2005
    • Posts: 928
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    #1

    national insurance

    Hi,

    could you please tell me whether there is a difference between "national insurance" and "social insurance"?

    Thank you very much.

    Hanka


    • Join Date: Nov 2006
    • Posts: 23
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    #2

    Lightbulb Re: national insurance

    Hi Hanka ,

    Here are the definitions of national and social insurance.

    National Insurance :
    It isbased on contributions from employers and employees; provides payments to unemployed and sick and retired people as well as medical services.

    Social Insurance :
    Government provision for unemployed or injured or aged; financed by contributions from employers and employees as well as by government revenue

    Basically National Insurance is a kind of Social insurance.

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