This Act is enacted to protect workers' livelihood and promote social security. Matters not provided herein shall be governed by other relevant laws or regulations.

The types and benefits of Labor insurance coverage are categorized as the following:
1.Ordinary insurance: There are five different kinds of benefits which are maternity benefits, injury or sickness benefits, disability benefits, old-age benefits and survivors’ benefits.
2.Occupational accident insurance: There are four kinds of benefits which are injury and sickness benefits, medical-care benefits, disability benefits and survivors’ benefits.

All labor insurance books and accounts, documents and operational receipts and payments shall be exempt from taxation.

Ministry of Labor and the municipal government shall be the competent labor insurance authorities.