Three types of insurance are mandated by law

Three types of insurance are mandated by law: unemployment insurance, social security, and workers' compensation. Unemployment insurance benefits are payable under the laws of individual states from the Federal-State Unemployment Compensation Program. Employer payments, based on total payroll, contribute to the program. You should be paying for unemployment insurance as part of your taxes.

The Social Security Act and related laws established a number of programs which have the basic objectives of providing for the material needs of individuals and families, protecting aged and disabled persons against the expense of illness that would otherwise exhaust their savings, keeping families together, and giving children the opportunity to grow up in health and security.

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