Can Commerical Insurance Replace Social Insurance

Welcome on board
to Rip-off Limited
This is your contract
sign it now
Why is there a clause here saying
that I give up social insurance
We buy MSH commercial insurance
for every employee instead
so social insurance is not needed
That’s incorrect
Both locals and foreigners
are legally entitled to social insurance
But social insurance is useless for you
unless you retire here
Wrong
If I get sick
I can swipe my social insurance card at a hospital
and get a huge discount off
If I decide to retire in China
I can get a pension
If I get injured at work
social insurance fund would pay me
Lastly
if I were a woman and were to get pregnant
social insurance would cover my salary
during maternity leave
Damn
I didn’t know that
where did you learn this from
I learnt this from Edgar the lawyer