Occupational Hazard
Definition of "Occupational hazard"
Condition surrounding a work environment that increases the probability of death, disability, or illness to a worker. This class of hazard is considered when writing workers COMPENSATION INSURANCE or determining which underwriting classification to place an applicant for life or health insurance.
Popular Insurance Terms
Policy that pays a fixed dollar amount for each day the insured is confined to the hospital. This method of payment is in contrast with most other medical expense insurance that reimburses ...
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clause found in health insurance contracts that requires the insured to pay a specified percentage of the covered health care expenses. ...
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