The Accident Iceberg

Insured costs: Covering injury, ill health and damage.The Hidden Uninsured Costs (8-36 times as much as insured costs)

• Product and material damage
• Plant and building damage.
• Tool and equipment damage.
• Legal costs.
• Expenditure on emergency First-aid supplies.
• Clearing site.
• Production delays.
• Overtime working.
• Temporary labor.
• Investigation time.
• Supervisor's time diverted.
• Clerical efforts.
• Fines.
• Loss of expertise / experience