National Insurance: A Comprehensive Guide to Understanding Its Importance, Benefits, and How It Works
National Insurance (NI) is a fundamental part of the social security system in many countries, particularly in the United Kingdom. It plays a crucial role in providing financial support to individuals during various stages of their lives, such as retirement, unemployment, and illness. Whether you’re an employee, self-employed, or an employer, understanding National Insurance is essential to ensure you receive the benefits you’re entitled to and fulfill your legal obligations.