
Earnings-related insurance
Earnings-related insurance is a social protection system that provides financial support to individuals who lose their income due to reasons like illness, unemployment, or maternity leave. The benefit amount is typically calculated based on the individual's previous earnings, ensuring that the support reflects their usual income level. This system helps maintain financial stability during periods when they cannot work, complementing other social welfare programs. It encourages continued employment and helps people manage temporary income disruptions without facing severe financial hardship.