Thought from Insurance

I had attended the benefit seminar held in the company yesterday.  I had been pondering about the benefit and the insurance after the seminar.

As a permanent employee in a sound company, your employer will normal buy all kinds of insurance for  you, like life insurance, long term disability insurance, extended health care and dental care, travel insurance, and so on.  The consultant revealed yesterday that company averagely paid about $4,000 premium per year per employee.  It's a big number, out of my initial imagination.

With all kinds of benefit provided by your employer, you and your dependents are usually insured to stop you from worrying about any incident or misfortune happened.  It quite a humane protection of employees.  I believe the benefit is usually available to permanent employees. The self-employed or contractors may have to buy the insurance themselves.

The availability and coverage of insurance to working people is a remarkable difference between developing countries like China, Indian, and developed countries, like the US, Canada.  Although I am not knowledgeable enough to further discuss the details of the insurance and the difference, I feel like your life is a bit more secured in developed countries.  BS, that's sure.  That's why people immigrate to Canada from China, from India, leaving behind all their connections and relatives in their old countries.