A look from at the findings of the Bureau of Labor Statistics listing the most dangerous professions in the United States.
The Bureau of Labor Statistics recently updated its Census of Fatal Occupational Injuries which tells us which are the most hazardous professions to work in within the US. The CFOI builds up a picture about the circumstances of the death of an employee using death certificates, workers’ compensation reports and Federal and State administrative reports regarding the incident.
Which Workers Pose Risk to Life Insurance Companies?
The figures help inform employees about the various risk areas involved in their work, aid the promotion of better work practices and are used to improve workplace safety standards; in fact the National Safety Council uses the data as the basis for its information and research. There is however, another use for these statistics –as a tool for life insurance companies to help them apportion risk to potential policy holders – life insurance premiums will be higher for those working in the most hazardous industries since they will be a higher risk to insure.