What Does Severity Rate Mean?

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What does Severity Rate mean? Read on to discover the definition & meaning of the term Severity Rate - to help you better understand the language used in insurance policies.

Severity Rate

Severity Rate

Severity rate is a mathematical method of counting the number of working days lost because of employee absences caused by incidents in the workplace. The rate can show how effective the safety standards are in a given working environment.

We hope the you have a better understanding of the meaning of Severity Rate.

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