Social Insurance - Law Dictionary Search Results
social insurance
Matched in: Term social insurance
social security
Matched in: Term social security
unemployment insurance
Matched in: Term unemployment insurance
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survivor
or a child) who is recognized as outliving another and is commonly entitled to insurance benefits (as under social security) or property upon the death of the decedent see also joint-and-survivor annuity at annuity
Living wage
shelter but a measure of frugal comfort including education for the children, protection against ill-health, requirements of essential social needs, and a measure of insurance against the more important misfortunes including old age, Express Newspaper (P) Ltd.
Company
and economic scene. This doctrine glorified the concept of a free economic society in which State intervention in social and economic matters was kept at the lowest possible level. But gradually this doctrine was eroded by the … Company. A company has its origin either (1) in a charter, as the Bank of England and many insurance companies; or (2) in a special Act of Parliament, with which, as authorizing an undertaking of a public
trust
remainder passes to charity charitable trust : a trust created for the purpose of performing charity or providing social benefits NOTE: Unlike most trusts, a charitable trust does not require definite beneficiaries and may exist in perpetuity. … trust is necessary to avoid an inequitable result or to prevent fraud individual policy pension trust : an insurance trust created as a retirement plan in which individual life insurance policies are purchased for employees and held
contract
see also accept, bargain, breach, cause, consent, consideration, duty, meeting of the minds, obligation, offer, performance, promise, rescind, social contract, subcontract Uniform Commercial Code in the Important Laws section NOTE: Contracts must be made by parties with … contract under which an institutional investor deposits a lump sum of money (as a pension fund) with an insurance company that guarantees the return of principal and a specific amount of interest at the end of the
agency
in the Important Laws section NOTE: When a legislature determines that government involvement is needed in a particular social activity or problem, it may write legislation creating an agency either directly or by authorizing the executive to … : an establishment engaged in doing the business of another: as a : an establishment authorized by an insurance company to sell insurance policies and provide services offered by the insurer b : an establishment authorized by
Pension
ex gratia payment but it is a payment for the past service rendered; and (iii) it is a social welfare measure rendering socio-economic justice to those who in the hey-day of their life ceaselessly toiled for the … and the Widows, Orphans and Old Age Contributory Pensions Act, for persons insured under the (English) National Health Insurance Acts, 1936, and others (see s. 2 of c. 33, 1936), is administered by the (English) Ministry of
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