Hazardous Activities to Human Life Value Definitions

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Hazardous Activities: Activities that increase the risk of death or disease to an individual. These might typically include activities such as scuba diving, mountain or rock climbing, sky diving or race car driving. These activities are considered by the underwriting in determining the insurability of an applicant.
Human Life Value: The value of the future earnings of a person. This value is used in considering the amount of insurance that a carrier will consider providing for an applicant. It is usually determined by considering the number of years that a person will continue to work, and the wages to be earned.