For any firms with staff, as a business, it is obligatory to enter them into certain plans and participate in contribution payments based on their nationality. This includes Employment Insurance, which has two components:

1. Unemployment Insurance (koyou hoken or shitsugyou hoken) and Workers’ Accident Compensation Insurance (roudousha saigai hoshou hoken). Governmental Hello Work takes care of the Unemployment Insurance, with typically 0.7% contributions coming from the employer and 0.4% from the employee.
2.The Workers’ Accident Compensation Insurance, meanwhile, covers any employees or supervisors hurt, sickened, or deceased while carrying out their job-related duties or en route to/from work.
Premiums for employees’ insurance can range from 0.3% to 10.3% of the worker’s salary each month, with the more perilous vocations such as mining and coal production incurring the heftier costs. Such payments go towards providing: medical costs such as hospital expenses or house care if the individual uses the employer-designated health service; lost earning in the case of injury, illness, and so on, where the employer starts cashing out 2/3 of the missed wages from a predefined day; a pension if seriously injured and unable to work; and a survivor’s pension should the worst happen.
The employer will pay between 0.2% and 3.6% of the employee’s salary based on the industry and the number of employees.

Please Note: Generally, life insurance policy conditions state that life insurers may reduce or not make payment of insurance money and benefits regarding accident related riders in case of earthquakes.