INSURANCE CONTRIBUTIONS AS THE MAIN AXIS OF ECONOMIC AND SOCIAL DEVELOPMENT

Abstract

Insurance has an important impact in supporting job growth and economic efficiency, as well as providing financial protection to businesses and individuals. It creates stable support that helps manage risks and allows people to remain active in the job market. Another approach is unemployment insurance, which provides support to those who lose their jobs, allowing them to re-enter the job market. Another very important aspect is health insurance, which allows individuals to cover financial costs.  Insurance also requires businesses to protect themselves from risks that could affect their businesses. Indemnity and liability insurance allows businesses to meet unexpected expenses, maintaining financial stability and allowing them to invest and increase the number of jobs. The document addresses the importance of contributions and the legal protection that supports such contributions. Insurance, as a protection mechanism, is necessary to ensure that individuals and businesses are able to protect themselves from the consequences of unexpected events that could compromise their financial stability.