Work-related injury insurance is not part of the insurance for college students. Work-related injury insurance and college student insurance are two different types of insurance in China's social insurance system, and there are significant differences between them in terms of protection objects, insurance nature, insurance purposes and payment methods, etc., and the differences between the two will be explained in detail below.
Work-related injury insurance mainly covers workers who participate in the work, especially those who may suffer occupational injuries in the course of production. Work-related injury insurance aims to provide compensation for medical treatment and living security for workers in the event of accidental injuries and occupational diseases at work.
College student insurance, also known as student safety insurance, is mainly aimed at college students, providing certain medical protection and economic compensation for accidental injuries and illnesses that occur on and off campus. The target of the guarantee is full-time students in ordinary colleges and universities, higher vocational and technical colleges, secondary professional schools, technical schools, etc.
Work-related injury insurance belongs to the category of social insurance and is a social security measure enforced by the state. Employers must enroll their employees in work-related injury insurance and pay premiums in full and on time. Work-related injury insurance is not for the purpose of making profits, but mainly for the purpose of protecting the legitimate rights and interests of injured employees and maintaining social stability.
Student insurance is a commercial insurance that is voluntarily purchased by students or parents. Insurance companies launch different types of college student insurance products according to market demand to meet the protection needs of students and parents in terms of accidental injuries and illnesses. College student insurance has a certain commercial nature, and insurance companies make a profit by selling insurance products.
The compensation of work-related injury insurance is borne by the work-related injury insurance in the social insurance**. When a worker has a work-related accident, if it is determined to be a work-related injury, the work-related injury insurance** will pay the injured employee medical treatment, life care and other expenses, as well as a one-time disability subsidy, etc., in accordance with relevant regulations.
The payout of the college student insurance is covered by the insurance company. In the event of an accidental injury or illness during the insurance period, the insurance company will pay the corresponding insurance benefits to the student or parent according to the insurance contract.
Work-related injury insurance does not belong to college student insurance, and there are obvious differences between work-related injury insurance and college student insurance in terms of protection objects, insurance nature, insurance purpose and payment methods. Understanding these differences can help us better understand the characteristics of these two types of insurance, so that we can make an informed choice in real life.