COOPERATIVE INSURANCE
\kə͡ʊˈɒpəɹətˌɪv ɪnʃˈʊ͡əɹəns], \kəʊˈɒpəɹətˌɪv ɪnʃˈʊəɹəns], \k_əʊ_ˈɒ_p_ə_ɹ_ə_t_ˌɪ_v ɪ_n_ʃ_ˈʊə_ɹ_ə_n_s]\
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Compulsory employment benefits provided by a state or federal government to ensure a minimum standard of living for lower and middle income people. Survivors benefits, disability benefits and health insurance are common examples. Also called social insurance.
By Oddity Software
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