Skip to main content
Insurance

Social insurance

Publicly operated insurance plans are commonly mandatory and provide coverage for individuals. These plans are often established by government agencies and can vary in terms of coverage and eligibility. This type of insurance is typically funded through taxes and is regulated by the government. Public insurance plans may offer protection for a wide range of risks, including health, disability, and unemployment. The existence of these plans helps to promote social welfare and provide a safety net for citizens.

Related terms

No-fault

Understand the meaning and definition of No-fault in the context of stock market, trading, and investments.

MORE
Chance of loss

Understand the meaning and definition of Chance of loss in the context of stock market, trading, and investments.

MORE
Long-term care

Understand the meaning and definition of Long-term care in the context of stock market, trading, and investments.

MORE
Void

Understand the meaning and definition of Void in the context of stock market, trading, and investments.

MORE
Slander

Understand the meaning and definition of Slander in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91