Advertisement - Continue reading below

Definition of "social insurance" []

  • An insurance program carried out or mandated by a government to provide economic assistance to the unemployed, the elderly, or the disabled. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "social insurance" in a sentence
  • "‘“They’re all in social insurance schemes,” she added."
  • "That’s what Social Security, the centerpiece of New Deal legislation, has provided-a form of social insurance that protects us from risk."