Indirect Costs of Accidents and Ill Health

Indirect Costs of Accidents and Ill Health

1. Costs which may not be directly attributable to the accident, but may result from a series of accidents

2. Insured Indirect Costs

   • A cumulative business loss
   • Product or process liability claims
   • Recruitment of replacement staff

3. Uninsured Indirect Costs

   • Loss of goodwill and a poor corporate image
   • Accident investigation time
   • Production delays
   • Recruitment and training of replacement staff
   • Low employee morale