social insurance

Insurance provided by a government to persons facing particular perils (such as unemployment or disability) or to persons who have a certain status (such as the elderly or the blind).

• Social insurance — such as that created by the Social Security Act of 1935 — is usu. part of a government’s broader social policy. See WELFARE STATE. [Cases: Social Security and Public Welfare 121–149.5, 251–751. C.J.S. Social Security and Public Welfare §§ 4–5, 18–32,34–84, 146–191, 209–297.]

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