The Value of Life

Value of Life

As safety professionals, we are often required to consider value of life in decision making.

So, what is the economic value of a life?

According to the U.S. Department of Transportation (DOT), it is $5.8 million.

Click on the link below to read more…

http://ostpxweb.dot.gov/policy/reports/080205.htm

Comments

  1. We must design for not only property loss, but more importantly life safety. My goal is to leave the manufacturing and safety community better informed and safer than when I started in this business.

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