Social Insurance

The initial protection systems were unable to provide a comprehensive solution to the risks

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The initial protection systems were unable to provide a comprehensive solution to the risks and, as a result, the figure of compulsory social insurance arose, which was created and managed by the different governments.

The social insurance plans established in Germany were the foundation of this welfare model, which was implemented at the end of the 19th century and the beginning of the 20th century in other parts of the world until the emergence of Social Security.