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National insurance can be understood as a system of insurance for workers and employers. This type of insurance was introduced as a system for benefit of the employees when they fell sick or during their unemployment. Further improvements introduced other benefits insurance of pension, children insurance education, etc. The system involves payment of nominal fixed contribution by employees or employers from their income on monthly or weekly basis and sometimes annually in order to get medical and professional facilities of insurance. This type of insurance became so popular over the time that almost all the organizations provide this facility to their employees now; even the self-employed individuals also use this facility.
