Energy-release Theory (of Accident Causation)
Method, developed in 1970 by Dr. William Haddon, Jr., of classifying and preventing damage caused by accidents. The thesis is that accidents are caused by the transfer of energy with such force that bodily injury and property damage result. According to Dr. Haddon, strategies can interrupt or suppress the chain of accident-causing events. These strategies revolve around control and prevention of buildup of energy that is inherently injurious; creation of an environment that is not conducive to injurious buildup of energy; and production of counteractive measures to injurious buildup of energy.
Popular Insurance Terms
Record of debit or industrial insurance policies. ...
Method used to determine the policyholder's return on premiums paid into a life insurance policy. This method is illustrated in two ways:.Surrender of Policy Approach calculation of the ...
Premium applied in workers compensation insurance and in life insurance. In the latter, it is the portion of a premium that is loaded to reflect an insured's expectation of loss, ...
Insurance protection written in the form of a single line policy. ...
Trust under which the beneficiary (cannot be a charitable beneficiary) receives a fixed percentage (not less than 5% of the trust's annual value) of the net fair market value of the trust ...
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Payment of that portion of the annual premium by the employee necessary to cover the PS-58 cost for that given year. Any unpaid premium balance for that particular year is paid by the ...
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