What are the Types of Social Security?

By Mandeep Kumar|Updated : November 4th, 2022

The types of Social Security include Health Insurance, Medical benefits, Pension, Maternity benefits, Disability benefits, and Gratuity. Social Security refers to any programme of social protection established by legislation or any other mandatory arrangement for individuals and households to ensure access to health care and income security in cases of unemployment, sickness, old age, work injury, maternity, or loss of a wage earner.

Types of Social Security

The Indian social security system is made up of a number of schemes and programmes that are spread across various laws and regulations. However, keep in mind that India's government-controlled social security system only covers a small portion of the population.

Pension, Health Insurance and Medical Benefit, Disability Benefits, Maternity Benefits, and Gratuity are the general types of social insurance covered by India's social security schemes.

Why Social Security is Important?

The importance of social security has been elaborated below:

  • Guarantee income security
  • Guarantee health protection
  • Reduction in inequality
  • Promotion of social inclusion
  • Promotion of human dignity
  • Long-term social and economic development

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FAQs on Types of Social Security

  • Health Insurance, Medical benefits, Pension, Maternity benefits, Disability benefits, and Gratuity are the types of Social Security. Any programme of social protection established by legislation or any other mandatory arrangement for individuals and households is referred to as social security.

  • According to International Social Security Association, a programme that includes social insurance, social assistance, mutual benefit schemes, national provident funds, and other arrangements in accordance with national law or practice is termed social security.


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