From Longman Dictionary of Contemporary EnglishNational InsuranceˌNational Inˈsurance noun [uncountable] BFIPEWa system organized by the British government in which workers and employers make regular payments, and which provides money for people who are unemployed, old, or ill
Examples from the Corpus
National Insurance• Capitalizing National Insurance Benefits Different sets of figures are produced on the value of wealth held by different groups of the population.• Another widespread error is to stop paying National Insurance contributions while you are non-resident.• The third section deals with the National Insurance implications of child-care allowances.• The National Insurance Act gave the newly set up exchanges the role of administering the system of unemployment benefit.• Hadn't they paid for it with their National Insurance stamps, income tax, and rates?• Strictly speaking we should add the various National Insurance contributions to the total for direct taxation.From Longman Business Dictionarynational insuranceˌnational inˈsurance (also National Insurance), written abbreviation NI [uncountable] the British system of social insuranceMany part-time workers will not have been earning enough to pay national insurance, so will not qualify for unemployment benefit. → insurance 