Here are three of the more common types of professional liability insurance: 1  Malpractice insurance: This coverage is designed especially for medical professionals. It protects against suits that allege negligence or mistakes.
June 28, 2009. Besides regular income tax, federal laws require your employer to collect Social Security and Medicare taxes separately and send in the money to pay for your coverage under these plans. OASDI is the government acronym for Old Age, Survivor and Disability Insurance, better known as Social Security. Pay slip with pen and notebook.
( federals plural ) 1 adj A federal country or system of government is one in which the different states or provinces of the country have important powers to make their own laws and decisions. ADJ n. Five of the six provinces are to become autonomous regions in a new federal system of government.