The Value of Life

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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. Jeffrey C. NicholsOctober 10, 2011 at 7:19 AM

    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.

    ReplyDelete

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