Social Insurance

Types of social Differences Similarities

insurance

Obligatory: Covers contingencies Work accident is

Occupational and provides services considered every organic

Risk or Work that are specified to a injury, functional

Risk purpose of every disturbance or death

particular regimen, caused suddenly because

through benefits in kind of work or because of work

and money in conditions reasons. It is also

allowed by this Law and considered a work

its regulations. accident any accident that

happens when the worker

is on their way to their

workplace from their

residence or vice-versa.

Obligatory: The person has to Maternity benefits will

Sickness and comply with the begin the moment the

Maternity requirements stated in Institute certifies the

this Law and its pregnancy’s status. This

 regulations in order to certification will point the

receive or continuing estimated due date, that

receiving the benefits will be based to the 42

granted by the Law. calculation to be able to

receive the benefits if the

Law allows it.

About sickness, the

Institute has to certify the

condition of it since the

initial date of the disease.

Obligatory: The grant of the When any pensioner

Disability and benefits stated in the changes address to a

Life Law require the foreigner place, they will

fulfillment of waiting still be able to receive their

periods, measured in benefits while they are

weeks of quotation away as long as it is

recognized by the allowed by international

Institute, as indicated in agreement, or as long as

the provisions relating the transferring expenses

to each of the risks for the founds are taken

 covered. care by the pensioner.

Obligatory: Every form of payment There is severance in

Retirement, for this insurance must advanced age when the

severance in be under the terms of person is deprived of paid

advanced age relevant Law’s jobs from sixty years of

and old age regulations, it can be age and on.

cash, checks, electronic To be able to enjoy the

transfers of funds inn benefits of this branch it is

credit or debit cards. required that the person be

recognized by the Institute

with a minimum of 1,250

weekly contributions.

Obligatory: The people who this The daycare branch

Daycare and insurance refers to, covers the risk of not being

Social Benefits have right to the service able to provide care during

as long as they are the

signed up in the working day to their

Institute, and when they children in early childhood,

are discharged, they working woman, widowed

could still be able to worker, divorced, judicially

 enjoy the benefits from entrusted with custody of

this insurance for 4 their children, through the

more weeks. granting of the benefits

established in the Law.

Institutional social benefits

are intended to promote

health, prevent diseases

and accidents and

contribute to the general

elevation of the living

standards of the

population.

Voluntary The people with a It is a health insurance that

minimum of 52 weekly family members in Mexico

contributions credited in or Mexicans abroad, who

the mandatory regime, do not have a social

in the last five years, security scheme, can join

when being discharged, voluntarily.

have the right to

continue voluntarily in
the insurance, to be

able to continue in the

joint disability and life

insurance as well as

retirement, severance in

advanced age and old

age, they have to be

registered with the last

salary or a higher one

that they had at the time

of discharge.