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social insurance

any of various forms of insurance in which a government is an insurer, especially such insurance that provides assistance to disabled or unemployed workers and to aged persons.
Origin of social insurance
First recorded in 1915-20 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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British Dictionary definitions for social insurance

social insurance

government insurance providing coverage for the unemployed, the injured, the old, etc: usually financed by contributions from employers and employees, as well as general government revenue See also social security, national insurance, social assistance
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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