Life insurance knowledge lectures (a) the true meaning of insurance

Social Security old-age insurance system is an important part of the five major types of social insurance is the most important one of the insurance. The so-called old-age insurance (or old-age insurance system) is the state and society in accordance with certain laws and regulations, in order to address workers in the country to meet labor obligations stipulated in the working-age limits, because of old age or disability from the post after the basic labor Life and the establishment of a social insurance system. The main concept of the following three meanings:
(1) the statutory old-age insurance is within the scope of the elderly or completely out of basic social work life after the automatic effect. Here the word "complete" and is working with the means of production from characterized; the so-called "basic", referring to participate in productive activities has not become a major social life. Stressed the need to be made clear is that the legal age of (the countries have different standards) is a practical measure.
(2) old-age insurance is designed to protect the basic needs of the elderly, to provide stable and reliable source of income.
(3) old-age insurance is based on social insurance as a means to achieve security. Old-age insurance is more common around the world to implement a social security system. Generally have the following characteristics: ① by national legislation, to impose, business units and individuals to participate, in line with the old-age conditions, to the social insurance sector to receive old-age pensions; ② old-age insurance cost source of general by the State, units and Individual or Tripartite units and individuals of common burden, and the realization of a wide range of inter-community relief; ③ social old-age insurance, a great impact, and more people enjoy longer, the substantial cost, therefore, must be set up specialized agencies, the implementation of modernization , Specialization, socialization of unified planning and management.