Share this entry
social insurance Syllabification: so·cial in·sur·ance
Pronunciation: /ˈsōSHəl inˈSHo͝orəns/

Definition of social insurance in English:


A system of compulsory contribution to provide government assistance in sickness, unemployment, etc.
Example sentences
  • It must be remembered that social security was designed as social insurance for exactly these workers.
  • The idea of social insurance against risk is quite compatible with a dynamic, free-market economy.
  • He added that related mechanisms, such as social insurance and unemployment benefits are also being strengthened to build a comprehensive job-safety net.
Definition of social insurance in:
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Subscribe to remove adverts and access premium resources