social insurance
noun
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
Words nearby social insurance
British Dictionary definitions for social insurance
social insurance
noun
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