What are the connections and differences between social insurance and commercial insurance?

1. What are the connections and differences between social insurance and commercial insurance

1. The connections and differences between social insurance and commercial insurance are as follows:

(1) The purpose of insurance is different from the subject; social insurance is policy insurance, not for profit, but to ensure social stability and improve social welfare, and the main body of implementation is policy; the difference between commercial insurance and social insurance is that commercial insurance is paid The purpose of trading is to make a profit. In order to meet the needs of all parties for insurance and achieve mutual assistance and mutual benefit, the main body is a commercial insurance company with legal person qualifications;

(2) The objects of insurance are different ; The objects of social insurance are social workers stipulated in laws and regulations, that is, salaried workers and wage laborers, with the purpose of protecting their basic life when they are old, weak, sick, dying or unemployed; the objects of commercial insurance are voluntary premiums paid in accordance with the contract People who are insured are to obtain certain economic compensation;

(3) The composition of insurance funds is different; social insurance means that insured persons pay insurance premiums in accordance with unified regulations, and most of the insurance premiums are It is paid by the employer and enjoys benefits according to unified standards. Under the same conditions, the fees are the same and the benefits are the same. There is no difference, which better reflects social fairness; although social insurance must also consider efficiency, it must first be Consider fairness, especially basic insurance, which mainly reflects fairness; in commercial insurance, the insurance premium is borne by the policy holder. If you have money, you can buy insurance, but if you have no money, you can not buy insurance; if you have more money, you can buy high-value insurance, but if you have less money, you will get lower protection;

(4) The reciprocal relationship between rights and obligations is different; social insurance emphasizes social fairness. As long as workers are obligated to contribute to society and pay in accordance with the law, they can obtain the right to enjoy social insurance; while commercial insurance emphasizes Individual fairness, the amount of insurance premiums paid by the policy holder determines the amount of insurance benefits, which reflects the principle of equal exchange of more insurance and more insurance, less insurance and less insurance, and no insurance or no insurance;

(5) Benefits The payment methods of different levels are different; the basic social insurance protection level is affected by the state's financial affordability and needs to be adjusted accordingly as the special price level rises. As the level of social production increases, the protection level will be increased; the level of commercial insurance benefits To determine, only the amount of premium paid by the insured will be considered, without considering factors such as the insured’s working years, salary income, living standards, rising prices, etc.;

(6) Social insurance and commercial insurance mainly complement each other This is reflected in the fact that the coverage coverage complements each other. Commercial insurance only provides protection to those who have the financial conditions to participate in the insurance, and the financial burden on the insured is relatively heavy. Social insurance, on the other hand, is universal and is open to all workers, especially those who cannot afford it. Workers who are financially burdened by commercial insurance can also obtain protection opportunities;

(7) Social insurance and commercial insurance restrict each other. Under certain conditions of insurance resources, the development of one of social insurance and commercial insurance will often give The other party brings pressure and even restricts the development of the other party;

(8) Social insurance and commercial insurance learn from each other in terms of business technology and promote each other in terms of management technology, investment experience, etc. They can learn from each other and contribute to their respective healthy development.

2. Legal basis: Article 2 of the "Social Insurance Law of the People's Republic of China"

The state establishes basic pension insurance, basic medical insurance, work-related injury insurance, unemployment insurance, and maternity insurance Social insurance systems such as insurance guarantee citizens’ rights to obtain material assistance from the state and society in accordance with the law in the event of old age, illness, work injury, unemployment, childbirth, etc.

Article 5

People's governments at or above the county level shall incorporate social insurance into national economic and social development plans.

The state raises social insurance funds through multiple channels. People's governments at or above the county level shall provide necessary financial support to social insurance undertakings.

The state supports social insurance through preferential tax policies.

2. What items are included in social security?

1. Basic pension insurance; in order to provide for old age, workers can receive pensions when they reach the legal retirement age;

2. Basic medical insurance; used as medical reimbursement when sick;

3. Work-related injury insurance: when employees are injured at work, they pay medical expenses or compensate for related work-related injury benefits;

4. Unemployment Insurance; it is for employees to receive living expenses after they lose their jobs;

5. Maternity insurance: It is for employees to receive maternity reimbursement and related benefits when they give birth.