National Federation Of Life Insurance Workers' Unions
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National Federation Of Life Insurance Workers' Unions
The National Federation of Life Insurance Workers' Unions ( ja, 全国生命保険労働組合連合会, Seiho Roren) is a trade union representing workers in the life insurance industry in Japan. The union was founded in 1969, when the National Federation of Life Insurance Brokers' Unions merged with the National Federation of Life Insurance Salesmen's Unions, reflecting the merger of many company unions for brokers and salespeople. In 1987, it affiliated to the new Japanese Trade Union Confederation The , commonly known as , is the largest national trade union center in Japan, with over six million members as of 2011.Rengo websitRengo brochure 2010-2011 Retrieved on July 6, 2012 It was founded in 1989 as a result of the merger of the Japan ..., and by the following year, it had 406,000 members. As of 2020, its membership had fallen to 233,614. References External links *{{official website, http://www.liu.or.jp/ Insurance industry trade unions Trade unions establish ...
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Trade Union
A trade union (labor union in American English), often simply referred to as a union, is an organization of workers intent on "maintaining or improving the conditions of their employment", ch. I such as attaining better wages and benefits (such as holiday, health care, and retirement), improving working conditions, improving safety standards, establishing complaint procedures, developing rules governing status of employees (rules governing promotions, just-cause conditions for termination) and protecting the integrity of their trade through the increased bargaining power wielded by solidarity among workers. Trade unions typically fund their head office and legal team functions through regularly imposed fees called ''union dues''. The delegate staff of the trade union representation in the workforce are usually made up of workplace volunteers who are often appointed by members in democratic elections. The trade union, through an elected leadership and bargaining committee, ...
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Life Insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses. Life policies are legal contracts and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; common examples include claims relating to suicide, fraud, war, riot, and civil commotion. Difficulties may arise where an event is not clearly defined, for example, the insured knowingly incurred a risk by consenting to an experimental m ...
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Japanese Trade Union Confederation
The , commonly known as , is the largest national trade union center in Japan, with over six million members as of 2011.Rengo websitRengo brochure 2010-2011 Retrieved on July 6, 2012 It was founded in 1989 as a result of the merger of the Japan Confederation of Labor (''Domei''), the Federation of Independent Unions (''Churitsuroren'') and the National Federation Of Industrial Organisations (''Shinsambetsu''). In 1990, the General Council of Trade Unions of Japan (''Sohyo'') also joined RENGO. As of July 2012, RENGO has 54 affiliate unions and 47 local organizations.Rengo websit Role and FunctionRetrieved on July 6, 2012 Party affiliation RENGO was historically affiliated with the Democratic Party of Japan, but on June 28, 2012, president Nobuaki Koga made a speech at the Liberal Democratic Party headquarters stating that the confederation may reconsider its future. In 2014, it endorsed LDP-supported candidate Yoichi Masuzoe for the Tokyo gubernatorial election. Affiliated o ...
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Insurance Industry Trade Unions
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ...
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Trade Unions Established In 1969
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and digital currency, non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for o ...
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