Human Approach
Definition of "Human approach"
Technique of loss control and reduction of losses in insurance. Supporters of this method believe that the safety attitudes of individuals determine the safety precautions they take. The human approach seeks to convince people to want to be safe in order to reduce loss frequency and severity. For example, campaigns encouraging the use of seat belts help promote a safety-conscious society.
Popular Insurance Terms
Life insurance policy death benefit or cash value paid out in a series of installments, rather than in a lump sum. ...
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Inability of the insured to perform any and all important daily duties of that insured's occupation. ...
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interconnection of computers that contain pages classified into groups called web sites that can be accessed over the internet. The only requirement for visiting a web site is to have ...
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